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it is my simple question to all where is the gratuity fund in the real sense
if a person gets retair where he will ask for the gratuity.
who will pay the employee the gratuity
where is the gratuity in the balance sheet
Wht is the role of insurance company in this gratuity
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Gratuity is paid to any employee who has worked and exited from the organisation after serving for 5yrs .
If the employee retires from a given org he needs to have served the org for min 5 yrs or more..
on the exit day or resignation day his clearence dues will be setteled by HR and the gratuity calculated will be paid in his Full n Final accout by chq .
Hope its clear:!:
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