Hi Anthony P,
I will be completing 5yrs of service by Dec 1st 2008 in my present company, but there is a small clarification on this;
My company was previously named as xxx where i worked for 3 yrs and now it is changed to yyy where i will complete by Dec 1st 2008 - 2 yrs. But the process are same and only name has got changed inbetween these 5 yrs. So, can I claim Gratuity in this regards. Plz let me know.
Sathish KK
From India, Bangalore
I will be completing 5yrs of service by Dec 1st 2008 in my present company, but there is a small clarification on this;
My company was previously named as xxx where i worked for 3 yrs and now it is changed to yyy where i will complete by Dec 1st 2008 - 2 yrs. But the process are same and only name has got changed inbetween these 5 yrs. So, can I claim Gratuity in this regards. Plz let me know.
Sathish KK
From India, Bangalore
Hi all,
I joined a company where my CTC per annum was fixed at a certain amount and broken into different components, including gratuity. Now the company has restructured the salary structure by increasing the basic component, which has consequently had a bearing on the different components of salary such as PF, gratuity, etc. However, the "total CTC" is still the same.
As a result of the above exercise, my take-home salary has decreased on account of higher deduction of own and employer's PF contribution, as well as increase in the gratuity component.
I know the company is not justified in reducing cash component of my salary, but my query is : Can the company legally reduce cash component of my salary on account of increase in the gratuity component?
Thanks and regards,
Sachin
From India, Mumbai
I joined a company where my CTC per annum was fixed at a certain amount and broken into different components, including gratuity. Now the company has restructured the salary structure by increasing the basic component, which has consequently had a bearing on the different components of salary such as PF, gratuity, etc. However, the "total CTC" is still the same.
As a result of the above exercise, my take-home salary has decreased on account of higher deduction of own and employer's PF contribution, as well as increase in the gratuity component.
I know the company is not justified in reducing cash component of my salary, but my query is : Can the company legally reduce cash component of my salary on account of increase in the gratuity component?
Thanks and regards,
Sachin
From India, Mumbai
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