WebSep 20, 2024 · Gratuity is a lump sum amount paid by the employer to the employee as a token of appreciation for the services they have provided towards the company. It is … WebJun 3, 2024 · Gratuity is calculated differently for monthly-rated, piece-rated, and seasonal employees. For employees falling under the Payment of Gratuity Act, gratuity is calculated on the basis of 15 days of the last drawn salary for each completed year of service. If an employee serves over 6 months in a year, then the entire year is counted towards ...
Everything about UAE End of Service Gratuity Payments
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What is Gratuity ? Meaning & Definition Keka HR
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