When can an employer has to give the Gratuity payment to the employee who is retiring on the 28th Feb,09, as the employee is saying that he/she wants his/her cheque on 28th itself. Plz reply as soon as possible, so that i can became answerable to him/her and to my employer.
Thanks,
Sug.
(Asst. Mgr. HR)
From India, Delhi
Thanks,
Sug.
(Asst. Mgr. HR)
From India, Delhi
As per section 7 (3) of the Payment of Gratuity Act, 1972, the amount of gratuity shall be paid within 30 days of the amount becoming due. The date on which the employee retires or otherwise leaves the organisation is the date on which the 'payment is due'. But as per aforesaid sub section the employer can avail 30 days time beyond which only he is liable to pay interest.
Regards,
Madhu.T.K
From India, Kannur
4249Regards,
Madhu.T.K
From India, Kannur
Thanks a lot Madhu, and if you can also plz let me know that if by chance an employer fails to do so, then what can employee do? i mean is he/she can sue the employer?
From India, Delhi
From India, Delhi
hi...............if emlyoer is nt paying on tme,,,,,yes the emplyee can ask for t intrest or can sue.......
From India, Dharamsala
From India, Dharamsala
thanx to everyone for answering my query...u guyz rocks.... hope to get more n more knowledge n info from the xperts...(time to time). :) From, Sug
From India, Delhi
From India, Delhi
Dear Sug,
The employer has to pay to the retiring employee the amount of gratuity payable within 21 days from the date of leaving. However, the employer should send the claim 15 days before the date of leaving of the employee.
This time you can take an excuse of this. However, the employer should endeavor to provide the Cheque of Gratuity amount on the very last day of working of the departing employee.
thanks
Amit Anand Gera
From India, New Delhi
The employer has to pay to the retiring employee the amount of gratuity payable within 21 days from the date of leaving. However, the employer should send the claim 15 days before the date of leaving of the employee.
This time you can take an excuse of this. However, the employer should endeavor to provide the Cheque of Gratuity amount on the very last day of working of the departing employee.
thanks
Amit Anand Gera
From India, New Delhi
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.
Answer.jpg
FORM-F-NOMINATI ON OF GRATUITY.pdf
Plz do helping.doc