Could you please help me in understanding the eligibility for gratuity in my case?
Organization Details
Organization Type: Private Company in Mumbai (Big 4 Audit firm). I work 5 days a week, i.e., Monday to Friday, with Saturdays and Sundays off.
Employment Duration
Date of Joining: 21st Nov 2011. I am planning to resign on Monday, 4th April 2016. Expected Last Date at Work: Friday, 3rd June 2016 (considering a 2-month notice period).
If I take 3rd June 2016 as my last date at work, completing 4 years and 195 days, will I be eligible for claiming a gratuity payout?
Experts, please share your inputs.
Thanks in advance.
From India, Pune
Acknowledge(0)
Amend(0)
Organization Details
Organization Type: Private Company in Mumbai (Big 4 Audit firm). I work 5 days a week, i.e., Monday to Friday, with Saturdays and Sundays off.
Employment Duration
Date of Joining: 21st Nov 2011. I am planning to resign on Monday, 4th April 2016. Expected Last Date at Work: Friday, 3rd June 2016 (considering a 2-month notice period).
If I take 3rd June 2016 as my last date at work, completing 4 years and 195 days, will I be eligible for claiming a gratuity payout?
Experts, please share your inputs.
Thanks in advance.
From India, Pune
Acknowledge(0)Amend(0)
In order to be eligible under the Payment of Gratuity Act, one must work for five years or more and complete 240 days of service per year. Therefore, in your case, it appears that you are not entitled to gratuity. For more information on labor laws, please visit www.labourlawhub.com.
Thank you.
From India, Kolkata
Acknowledge(0)Amend(0)
247Thank you.
From India, Kolkata
Acknowledge(0)Amend(0)CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
Doctors on Part Time payment-Gratuit y eligibility- Gujarat High Court.docx
Less than 5 years service - Eligibility for payment of gratuity.pdf
Payment of Gratuity Act, 1972 & The Rules.ppt