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Dear
As per my understanding,Exgratia is any amount paid by management to its employees apart form "Bonus".
For Example: if the management decides to pay Rs 1000 apart from Rs.3500 than Rs 1000 is ex gratia.
T
From India, Mumbai
As per my understanding,Exgratia is any amount paid by management to its employees apart form "Bonus".
For Example: if the management decides to pay Rs 1000 apart from Rs.3500 than Rs 1000 is ex gratia.
T
From India, Mumbai
As pe my knowledge ex gratia word meaning is ''purva anugrah rashi'' an amount whoes paid by employer by his full wil like a good conduct and good profit rewards
Is there another meaning please update us?
From India, New Delhi
Is there another meaning please update us?
From India, New Delhi
Dear Friends
The similar topic was discussed earlier also in this site. You can check the same either in Google or in the Research box available in the top of this page.
Please check https://www.citehr.com/20115-what-ex...#axzz1XLQbi9XF link, in which it was discussed.
Hope it will be useful to you to understand the meaning.
From India, Kumbakonam
The similar topic was discussed earlier also in this site. You can check the same either in Google or in the Research box available in the top of this page.
Please check https://www.citehr.com/20115-what-ex...#axzz1XLQbi9XF link, in which it was discussed.
Hope it will be useful to you to understand the meaning.
From India, Kumbakonam
The amount which is paid as a good will amount, though there is no liability to pay. In other words, ex-gratia is a favour, and not compelled by legal right. Thanks, regards R K Nair
From India, Aizawl
From India, Aizawl
This is a legal term which means The payment given in and as a reward. So far bonus is concern the payments made by the employer as per percentage basis called bonus and in excess to that if payments made are called ex-gratia payments as employee should not claim the amount as a matter of right even in future. may be called BAKSHISI.
Regards,
KIRAN KALE
From India, Kolhapur
Regards,
KIRAN KALE
From India, Kolhapur
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