If a company falls under the Payment of Gratuity Act of 1972, it cannot count itself out. On that note, let’s find out your gratuity amount for Rs 39,000, Rs 59,000, and Rs 66,000 last-drawn basic ...

Gratuity is a lump sum payment made by an employer to an employee as a token of appreciation for their long-term service and dedication. Let’s find out your gratuity amount for Rs 60,000, Rs 70,000 ...

Gratuity is a lump sum payment given by an employer to an employee who leaves the job after working for at least 5 years. Any ...

A lump-sum benefit employers pay employees as a reward for loyalty & long service. Gratuity = (Last Drawn Salary × 15 × No. of Years Worked) ÷ 26. Offer letters show gratuity as 4.81% of your annual ...

Gratuity is a one-time payment made by your employer as a gesture of appreciation for your long-term service. As per the Payment of Gratuity Act, 1972, you are eligible if you have completed at least ...

Recently, a major change has been made to the gratuity rules under the new labour code. Now, gratuity will be given even ...

Gratuity BIG UPDATE: What comes as good news for fixed-term employees across sectors is that they now qualify for gratuity after a year of employment. Earlier, employees were entitled to gratuity ...

CLEVELAND, Oh - For a recent family event, we went to a local restaurant to celebrate. There were almost 20 of us. I am aware that most restaurants automatically add in gratuity for large parties.