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
3rd November 2008 From India , New Delhi
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:!:
4th November 2008 From India , Calcutta
Gratuity is a part of salary that is received by an employee from his/her employer in gratitude for the services offered by the employee in the company. It is a part of the salary, which the employee receives from his employer in return for the job/services offered by the employee to the organization. Gratuity is defined as a benefit plan and is one of the major after-job perks the employee receives from the employer after leaving the job.
There are three main ways to calculate your gratuity balance
1.) Through govt. website
2.) Ask your employer
3.) Calculate yourself using this formula
19th July 2019 From India,
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