Calculation Of Gratutity - Doc Download

Dear all, Please tell me how we can calculate gratutity, urgent required. Gurvinder Kaur
20th January 2010 From India, New Delhi

Hi,
Gratuity is calculated as per the following formula:
Basic salary*(15/26)*No. of years of service completed in the current organization.
pls. note that
1. An employee is eligible for gratuity only if he / she completes 5 years of uninterupted service with the organization.
2. 15 (in the formula) = 15 days of the month (for a working year)
3. 26 (in the formula) = total working days in a month.
Regards
Zubin
20th January 2010 From India, Ahmadabad

Dear Zubin,
Please make a note of Gratuity Calculation
Calculation={Lastdrawn(Basic+DA)*15*No.of years}/26
i.e.After compeltion of 5 years contibuous service then only employee wil eligible for gratuity.
Regards
Charvaka Reddy
20th January 2010 From India, Hyderabad

Dear all, pl see attached file for Gratutity Calculation. Regards Human Resource Maulik Patel
8th September 2011

Attached Files (Download Requires Membership)

Gratuity calculated.doc (23.5 KB, 2324 views)

Dear all If employee completed 4 years and 240 days. He/She eligible for gratuity as per gratuity act. Please inform me. regards Saurabh
21st May 2013 From India, Anand

Dear All if any employee completed 16 year 6 month 16 days please confirm he will eligible fo 16 year or 17 year for gratuity?
4th June 2014 From India, Bangalore

How i calculate bonus from my service my service is 17 years one month.
18th July 2017 From India, Dhenkanal

How i calculate retrenchment benefit from my service my service is 17 years one month.
18th July 2017 From India, Dhenkanal