Dear Deepak, i have also recently joined the HR field, but as per my knowledge the person who has completed 5 yrs of services is eligible for gratuity. Regards, Vikas
From India, Pune
From India, Pune
Dear Deepak, As per act if a person has worked for 240 days including holidays than it will be be assumed as a complete year. In your case the person has worked around four year and 10 months which is sufficient to be calculated as five year.There is a rule that Gratuity is payable after 5 year but apart from this there are situations and conditions.For simple understanding In normal cases if a person has worked for 8 year and 9 months than we are paying in gratuity of 9 year.So why not in this case.So please pay him.RegardsAmit
From India, Pilani
8From India, Pilani
hi Deepak
I want to tell you that GRATUTY is only applicable when an employee has complited 5 yrs. if he / she has not completed 5 yrs of his service then he is not applicable for gratuty. After 5 yrs. if he / she has completed another 6 months then that would be count as 6th yr. of their service & if he / she has not completed his 6 months then he / she would be counted as only 5 yrs. of His service. I am sending yopu an attachment with this mail.
I hope this can help you.
Regards
Suman Parashar
From India, Gurgaon
I want to tell you that GRATUTY is only applicable when an employee has complited 5 yrs. if he / she has not completed 5 yrs of his service then he is not applicable for gratuty. After 5 yrs. if he / she has completed another 6 months then that would be count as 6th yr. of their service & if he / she has not completed his 6 months then he / she would be counted as only 5 yrs. of His service. I am sending yopu an attachment with this mail.
I hope this can help you.
Regards
Suman Parashar
From India, Gurgaon
Yes every company has its own way of calculting gratuity for eg. In my company we pay gratuity according to monthly % of the employee stay in co.
For service less than 24 months:nil
for service of 25 months to 36 months = 25% of gross salary
for service of 37 to 48 months = 50% of gross salary
for service of 49 moths and over= 100 % of gross salary
regrds
khalid ghafoor
dm-hr
lucky cement ltd
karachi-pakistan
From Pakistan
For service less than 24 months:nil
for service of 25 months to 36 months = 25% of gross salary
for service of 37 to 48 months = 50% of gross salary
for service of 49 moths and over= 100 % of gross salary
regrds
khalid ghafoor
dm-hr
lucky cement ltd
karachi-pakistan
From Pakistan
Dear friend,
Gratuity is applicable, although he has not completed continous service of 5 years. If an employee completes 4 years + 240 days continous service Gratuity to be paid considering it as completion of 5 years service.
Bai,
P.Sathish Kumar
From India, Jaipur
Gratuity is applicable, although he has not completed continous service of 5 years. If an employee completes 4 years + 240 days continous service Gratuity to be paid considering it as completion of 5 years service.
Bai,
P.Sathish Kumar
From India, Jaipur
Dear All
please suggest me ragarding the Gratuty
i am joined in one organisation as on 08.05.2000
they maintained my name in Pay roll after 6 months
i have been resigned from That Organisation as on Feb 2006.
when i ask for Gratuty , the HR Manager replied that there has no provision made regarding that period so they are unable.
after that i again asked for my service certificate HR AGM he given the Gratuty certificate for the period 5th may 2000 to Feb 2006 , with conduct Good.
with that Service certificate i sent a notice through MY ADVOCATE
again they(the same AGM) replied that that person (me) is not worked in more than 4 years.
his claims are shetteled.
how the same person saying lies in two statements?
at the time of Resignation My Salary 5500/-PM
SO THE ADVOCATE suggested me that 'your claim amount is below 10000/-, why did you put a form in court, decide your self what to do, or write a letter to Labor commisioner regarding this issues.
if i ask for interest, and bonus on that howmuch i will get ?
how to fight with the previous employer, the advocate cost is app 3000/-
the employer is MLA ALSO.
PLEASE SUGGEST ME
Ravindra Kumar Choudhary
9032234203
From India, Hyderabad
please suggest me ragarding the Gratuty
i am joined in one organisation as on 08.05.2000
they maintained my name in Pay roll after 6 months
i have been resigned from That Organisation as on Feb 2006.
when i ask for Gratuty , the HR Manager replied that there has no provision made regarding that period so they are unable.
after that i again asked for my service certificate HR AGM he given the Gratuty certificate for the period 5th may 2000 to Feb 2006 , with conduct Good.
with that Service certificate i sent a notice through MY ADVOCATE
again they(the same AGM) replied that that person (me) is not worked in more than 4 years.
his claims are shetteled.
how the same person saying lies in two statements?
at the time of Resignation My Salary 5500/-PM
SO THE ADVOCATE suggested me that 'your claim amount is below 10000/-, why did you put a form in court, decide your self what to do, or write a letter to Labor commisioner regarding this issues.
if i ask for interest, and bonus on that howmuch i will get ?
how to fight with the previous employer, the advocate cost is app 3000/-
the employer is MLA ALSO.
PLEASE SUGGEST ME
Ravindra Kumar Choudhary
9032234203
From India, Hyderabad
Gratuity is payable to employee... If you make delayed payment you have to pay the interest on the eligible gratuity at the rate priviling at that time.
From India, Tiruchchirappalli
From India, Tiruchchirappalli
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Surendra_Kumar_ Verma_Etc_vs_Th e_Central_Gover nment_on_23_Sep tember_1980 Gratuity payable 4 years.pdf
Gratuity Form I.doc