If an Employee has completed 4 years and 290 days, is he eligible for gratuity or only on completion of 5 years can the gratuity be given. Is this to the discretion of the company or to be followed as per the law.
From India, Bangalore
4From India, Bangalore
Dear Dustven,
If an employee completes 4 years 241 days is enough for eligible to claim his Gratuity amount.
Please check in this link : https://www.citehr.com/430533-regard...er-labour.html
Thanks
Pons
From India, Madras
If an employee completes 4 years 241 days is enough for eligible to claim his Gratuity amount.
Please check in this link : https://www.citehr.com/430533-regard...er-labour.html
Thanks
Pons
From India, Madras
Hi As pon suggested any employee who has continuous experience of 4 Years & 241 days are eligible for gratuity
From India, Bangalore
From India, Bangalore
Hi Friends
One query on Gratuity as part of CTC.
Under the above situation, if employee leaves the company even before completion of 4yrs & 240 days, will the employee be eligible for gratuity!!
Please opine.
RS
From Singapore, Singapore
One query on Gratuity as part of CTC.
Under the above situation, if employee leaves the company even before completion of 4yrs & 240 days, will the employee be eligible for gratuity!!
Please opine.
RS
From Singapore, Singapore
Dear RS,
First you know the full form of CTC means Cost To Company means any cost of employees is included in company CTC and Gratuity is also one type of expense for employer after completing Five years of your work than you eligible otherwise not. All year company add this expense in it balance Sheet advance Gratuity provision for all employees. if you not completed than this is not cost of company but if u completed than you able to eligible for Gratuity.
Regards,
Vivek
From India, Ahmadabad
First you know the full form of CTC means Cost To Company means any cost of employees is included in company CTC and Gratuity is also one type of expense for employer after completing Five years of your work than you eligible otherwise not. All year company add this expense in it balance Sheet advance Gratuity provision for all employees. if you not completed than this is not cost of company but if u completed than you able to eligible for Gratuity.
Regards,
Vivek
From India, Ahmadabad
Dear Sir,
With reference to you quote, Please note that the employee worked minimum 4 years and 240 days are eligible for gratuity.
Also if a company working days 5 days in a week that company employees are should work minimum 4years and 190 days
If you have clarification kindly contact us
Regards,
Ganesh.P
From India, Chennai
With reference to you quote, Please note that the employee worked minimum 4 years and 240 days are eligible for gratuity.
Also if a company working days 5 days in a week that company employees are should work minimum 4years and 190 days
If you have clarification kindly contact us
Regards,
Ganesh.P
From India, Chennai
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Gratuity calculation.doc
Madras HC judg regarding gratuity is applicable if workmen is working 4 years 240 days..pdf