As I have completed 4yrs 11months in one of the firm. Am i eligible or no for the gratuity benefits.
From India, Bengaluru
1From India, Bengaluru
Dear Ma-Umi
Key point for Gratutity calculation is Minimum 5 years
Minimum 5 years required:
To be eligible for gratuity, an employee needs to have completed at least 5 years of service with the company.
Rounding off:
If you have worked for a period exceeding 5 years but not reaching 6 years (like 5 years and 11 months), it will be rounded down to 5 years for gratuity calculation.
From India, Vijayawada
Key point for Gratutity calculation is Minimum 5 years
Minimum 5 years required:
To be eligible for gratuity, an employee needs to have completed at least 5 years of service with the company.
Rounding off:
If you have worked for a period exceeding 5 years but not reaching 6 years (like 5 years and 11 months), it will be rounded down to 5 years for gratuity calculation.
From India, Vijayawada
Can you ask your HR what section of the law states that gratuity will not be given if someone completes 4 years and 11 months of service?
From India, New Delhi
From India, New Delhi
MyPersonal,
That judgement is meant to clarify rounding of number of years for computation of amount of gratuity.
The act is very clear on the eligibility, which is 5 completed years of service, except in case of death
From India, Mumbai
That judgement is meant to clarify rounding of number of years for computation of amount of gratuity.
The act is very clear on the eligibility, which is 5 completed years of service, except in case of death
From India, Mumbai
The payment of gratuity happens after completion of five years of continuous service.
Here in the case you have completed four years and eleven months of fifth year.
As per the judgement, if one has completed 240 days of working of the fifth year is considered as continuous.
You need to file the claim with the company through the controlling authority, if not considered file a case in court.
From India, Mumbai
Here in the case you have completed four years and eleven months of fifth year.
As per the judgement, if one has completed 240 days of working of the fifth year is considered as continuous.
You need to file the claim with the company through the controlling authority, if not considered file a case in court.
From India, Mumbai
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Less than 5 years service - Eligibility for payment of gratuity.pdf