Hi, Please calculate gratuity for an employee whose basic salary is $670 per month and was dismissed after serving for 3 years. Thanks Siginjo:confused:
From Kenya
From Kenya
dear first you have to clear your query.you have to tell about which country you want to know becasue in india we donot have dollor as currency.
From India, Delhi
167From India, Delhi
hi all i want to clear one thing if any employees had worked for a company for 4 years and 10 months is he is elgiable forGratuity
From India, Chandigarh
From India, Chandigarh
Dear kaushik, No he is not eligible for Gratuity. An employee should complete his 5years of working then only he is eligible. Regards Sheetal
From India, Bangalore
From India, Bangalore
I think he is eligible for gratuity. As earlier Madras high court has given order in this favour. Please find enclosed herewith the copy of that. Thanks, (Sahil)
From India, Delhi
From India, Delhi
hi pls specify the country because you have mentioned the currency as in dollars. no, an employee should complete atleast five years to be eligible to claim for gratuity rgds, julie
From India, Mumbai
From India, Mumbai
Dear Siginjo
I think in you case, when you are sending out a person, you need to pay some compensation on it as per Principles of Natural Justice. Let me tell you the Gratuity Calculation Last Drawn Salary X 15 Days X No. of Years/26 Days.
Thanks & Regards
I think in you case, when you are sending out a person, you need to pay some compensation on it as per Principles of Natural Justice. Let me tell you the Gratuity Calculation Last Drawn Salary X 15 Days X No. of Years/26 Days.
Thanks & Regards
Hi, In this case employee is not eligible for Gratuity. I am enclosing an article on Gratuity. This will help you to understand the concept better. Regards, Mansi
From India, Bangalore
From India, Bangalore
Dear
It depends on what grounds he has been dismissed. Otherwise if a person is discharged from services by his employer before the completion of five years, employee is entitling for gratuity.
Calculation is the same: Last Salary * 15 / 26 * No. of year of service
670/15*26= 386.54
386.54 X 3 = $ 1159.62
From India, Delhi
It depends on what grounds he has been dismissed. Otherwise if a person is discharged from services by his employer before the completion of five years, employee is entitling for gratuity.
Calculation is the same: Last Salary * 15 / 26 * No. of year of service
670/15*26= 386.54
386.54 X 3 = $ 1159.62
From India, Delhi
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Gratuity calculation.doc
Gratuity Calculation tool.xls