No Gratuity Component Is Salary

Hello Team,
I have worked in an IT firm for 5 years. There is no component of gratuity in the salary.
Am I eligible for the gratuity in thi case.
Thanks in advance.
Ritesh Vadodaria

Gratuity becomes payable if the employee who leaves, has completed five years of service.
The gratuity element is usually part of the Annual CTC - even if is not mentioned in your CTC, gratuity payment should be made.
Regards
P.Arun Kumar

Hi Ritesh,
This is in furtherance to your querry. Let me add one querry to yours.
Has there been any change in the "Payment Of Graduty Act."
My brother has worked in an IT company for only 2 years before he quit the job yet he has got it paid form the company.
Is the timeperiod of 5 years been changed?
Regards,
Santosh Verma.

There is no change in Gratuity Act.
If an employee has completed 05 years of his/her service he is legally entitled for Gratuity.
Some company fix the CTC in a way where Gratuity is a part of CTC in that case if employee leaves before 05 years he gets the amount as ex-gratia payment.
N N Tiwari

Is gratuity eligble for contract employee. I have been working in a company on a contract from the past 11years. my pf is cut monthly. please advise

Dear Members,
If the company is not having the policy to gratuity, then what is it mandatary to give gratuity after 5 yrs with the policy. Is this Act mandatary to all the Companies.
Pl throw some light on this.
Regards,
Sheela Shetty

as far as my knowledge is of the Gratuity Act, every employee who has completed five years of continous service with any organistaion is eligible for claiming Gratuity. It is as good as a statutory payment and all companies are covered under the Act.
Seniors, please correct me if I am wrong

Hi Ritesh,
You are eligible for gratuity . You have completed 5 years of continous service. Employeer has to give you the gratuity.
Bare Act mentions: Resigned employee completing 5 years of continous service has to apply for gratuity to the employeer. He can reicve the gratuity in his Full & Final Settlement or employeer should pay the gratuity on or before the completion of 30 days after the relieving date of the resigned employee.
Resigned,
Nimish Joshi
09969526325

Hi Ritesh,
Gratuity is payable upon completion of five years of continuous service in the Company.
Yes, you are eligible for gratuity even if it is not specified in your appointment letter or offer letter or breakup of salary. It is a statutory retiral benefit based on a Govt regulation, based on the coverage under the Act.
Rahul
09968270580
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Hello Team,
I have worked in an IT firm for 5 years. There is no component of gratuity in the salary.
Am I eligible for the gratuity in thi case.
Thanks in advance.
Ritesh Vadodaria

Hi All,
I found this an interesting topic. I am helping a small company for the HR systems. The company has two identities and about 22 employees divided into these two identities.
Some employees have been in the organization since 10 years or so. There is not PF or Gratuity as a part of salary. Now is it possible that we add these components at least one of these components to the salary as a benefit.
If yes, how do we go about it ? Please help and also suggest a consultant who can help us for these details.