No Tags Found!

SH

Shai89308

Executive Hr

AS

Ammu Shanvi

Human Resource

GS

G SHASHI KRISHNA

Senior Manager - Hr

AH

Aizant HR

Human Resources

MA

MARSHAL

Safety Officer

AK

Anish Katoch

Hr Executive

PR

PranjalR

Hr Recruiter

AP

Alka Pal

Hr Executive

Karthikeyan8195

Management Consultant

MK

Mohit Kumar Puri

Head Marketing

AU

Austex

Accounts Manager


naga.subramanian
6

Hi!
You are eligible to receive gratuity since (1)you will be completing 4 years 10 months and (2) by rounding off rules as per Gratuity Act, service more than 6 months is rounded off to next year; in your case, you are eligible for gratuity.
Rgds
S Nagasubramanian

From India, Pune
amit raje
Yes I am completely agree with Rajiv Sir. If the employee is worked for 240 days he should be deemed to be worked for a year.In this case you should be eligible for gratuity.
From India, Pune
K. Gopalakrishnan
15

Dear HR Fraternity,
Mr.Manish Gadre is absolutely correct.
One of our friend has given his own opinion that completing 240 days in a year deemed as one year. Yes as per Permanent Status Act, a person who work for 240 days in a year or 480 days in two years as Trainee or Casual Labour or any other name, has to be made permanent.
Factories Act deals about 240 days, an employee to get eligibility for getting Earned Leave not for Gratuity.
If an employee dies before completing 5 years and if he would have nominated his spouse or parents in the prescribed form as per Gratuity Act they will be eligible to claim the gratuity, if the employee do not have any disciplinary action taken against him.
I hope the above is correct.
K. Gopalakrishnan
Sriperumbudur
90940 16863

From India, Bangalore
jramesh101
Also to remember along with laws is teh company policies which stand final. The particular employee to be deemed fit for claiming gratuity must not have submitted resignation in their tenure...
From India, Madras
ashok_modi1978
2

My dear friend,
You must complete 5 years for being eligible for gratuity.
Suppose after completion of 5 years you work 6 months more that time your total service will be 5 years 6 months.
For the purpose of calculating gratuity at that time 6 years of service will be counted.
Best Regards
Modi

From India, Bangalore
harnek singh
3

hiiiiiiiiiii
Dear all all employee who completed five years in services those all are applicable for the gratuity benefits if he complete his services 4 years 7 months and resignation his services.he also applicable for the gratuity.
thanks

From India, Chandigarh
DINESH_BANDARKAR
1

Yes. The gratuity is paid to nominee/s as per nomination made by employee. There is compulsory insurance thru LIC. Employer obtain Group Gratuity policy thru LIC by forming trust. The grauity amount to nominee from date of death upto date of retirement is paid by LIC and period prior to death (even less than 5 years service) is borne by employer.
From India, Mumbai
SURESHADAV
Yes, section 4 provided that the completion of continuous service of five years shall not be necessary where the termination of the employment of any employee is due to death or disablement.
(Provided further that in case of death of the employee, gratuity payable to him shall be paid to his nominee or, if no nomination has been made, to his heirs, and where any such nominees or heir is minor, the share of such minor, shall be deposited with the controlling authority who shall invest the same for the benefit of such minor in such bank or other financial institution, as may be prescribed, until such minor attains majority)

Suresh Adav

From India, Mumbai
SURESHADAV
Yes, section 4 provided that the completion of continuous service of five years shall not be necessary where the termination of the employment of any employee is due to death or disablement.
(Provided further that in case of death of the employee, gratuity payable to him shall be paid to his nominee or, if no nomination has been made, to his heirs, and where any such nominees or heir is minor, the share of such minor, shall be deposited with the controlling authority who shall invest the same for the benefit of such minor in such bank or other financial institution, as may be prescribed, until such minor attains majority)
-Suresh Adav

From India, Mumbai
yankila
Hi Manivel, you are eligible for gratuity,as you have completed more than four years and six months so you can claim for gratuity.......
From India, Jaipur
Find answers from people who have previously dealt with business and work issues similar to yours - Please Register and Log In to CiteHR and post your query.





About Us Advertise Contact Us Testimonials
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.