Legally there is no provision to deduct gratuity from employee
.
CTC concept is administrative in nature and cannot overule legal provisions.
Gratuity is employer liability and they need to cater as business expense.
Probably Group Gratuity policy can be considered.
From India, Pune
.
CTC concept is administrative in nature and cannot overule legal provisions.
Gratuity is employer liability and they need to cater as business expense.
Probably Group Gratuity policy can be considered.
From India, Pune
Kindly guide, if any employee from private organisation leaves job after 3 years,is he eligible for Gratuity amount? The amount is shown as part of CTC in appointment letter.
As per rule, if it due to him after 5 years, what about amount shown in letter? How employee will benefit from it?
From India, Pune
As per rule, if it due to him after 5 years, what about amount shown in letter? How employee will benefit from it?
From India, Pune
Dear All,
Those who are eligible to make CTC and can understand CTC, show deduction in CTC is totally fraud. As the name suggest how you can decided before the period. It a fraud with employee and his upcoming jobs. Such employer just show high and pay less in order to attract application and making fool to the new joiners.
Request you all don't do it at your workplace and never support such game with the employees.
because do hard work to earn and someone is needed to run his family.
Although CTC is not defined anywhere in the Indian law.
Beware of such fake employers
Thanks,
From India, Gurgaon
Those who are eligible to make CTC and can understand CTC, show deduction in CTC is totally fraud. As the name suggest how you can decided before the period. It a fraud with employee and his upcoming jobs. Such employer just show high and pay less in order to attract application and making fool to the new joiners.
Request you all don't do it at your workplace and never support such game with the employees.
because do hard work to earn and someone is needed to run his family.
Although CTC is not defined anywhere in the Indian law.
Beware of such fake employers
Thanks,
From India, Gurgaon
Dear, Please check, your CTC structure. If there is, then it is ok. You have given consent on the same. THanks !!
From India, Delhi
From India, Delhi
Dear Seniors, If someone had joined a organization on 1/3/2014 and left on 28/2/2019, whether he is eligible for payment of gratuity or not. Please advise. Regards, P.K.Singh
From India, Bhopal
From India, Bhopal
Dear Hemlata,
Please refer to your offer letter containing with annexure of CTC structure.
If there is written and you have given signed copy of the same to your HR department then they have right to deduct the same from your salary.
Rgds
From India, Delhi
Please refer to your offer letter containing with annexure of CTC structure.
If there is written and you have given signed copy of the same to your HR department then they have right to deduct the same from your salary.
Rgds
From India, Delhi
Dear colleague ,
This utterly wrong view which disregards employer's legal responsibility to bear the cost of the Gratuity. Any deduction from monthly gross salary on account of gratuity is illegal.
Regards,
Vinayak Nagarkar
HR-Consultant
From India, Mumbai
This utterly wrong view which disregards employer's legal responsibility to bear the cost of the Gratuity. Any deduction from monthly gross salary on account of gratuity is illegal.
Regards,
Vinayak Nagarkar
HR-Consultant
From India, Mumbai
As per my understanding there is no harm in deducting gratuity amount from CTC with the following condition
1. In case employee leaves the company before completing 5 years as per the Gratuity Act. then the employee is entitled to receive the amount which was deducted from CTC.
2. If employee leaves the company after 5 years then as per the statue, will receive his payment.
I don't feel any violation of law.
From India, Bhubaneswar
1. In case employee leaves the company before completing 5 years as per the Gratuity Act. then the employee is entitled to receive the amount which was deducted from CTC.
2. If employee leaves the company after 5 years then as per the statue, will receive his payment.
I don't feel any violation of law.
From India, Bhubaneswar
Employer deduct gratuity from employee salary every month. The answer is NO. Gratuity is a part of salary that is received by an employee from his/her employer in gratitude for the services offered by the employee in the company. Gratuity is a defined benefit plan and is one of the many retirement benefits offered by the employer to the employee upon leaving his job.
However, Many organizations declare gratuity amount as part of the CTC so that they can show higher CTC given to employee and if it is part of CTC it should be paid to employee even if he leave d job before completion of 5 years.
Regards
Mayan Rajput
Aurangabad
From India, Mumbai
However, Many organizations declare gratuity amount as part of the CTC so that they can show higher CTC given to employee and if it is part of CTC it should be paid to employee even if he leave d job before completion of 5 years.
Regards
Mayan Rajput
Aurangabad
From India, Mumbai
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