Gratuity is a (legal) right of the employee subject to certain conditions without regards whether s/he is temporary, deemed to confirmed, confirmed, regularized or contractual/ad-hoc.
The rules for gratuity payment are set by the management or affiliating university or the State. Normally any full time employee who has put in minimum 5 years continuous service in an organization is eligible for gratuity payment while leaving his/her job at the rate of 15 days (half month) per year service and the final payment is worked out normally on the basis of the last full pay drawn.
Regards,
Dr. P H Waghodekar, PhD (Egg), IIT,KGP, IE&M, 1985,
Advisor (HR), IBS & PME (PG)
Marathwada Institute of Technology,
NH 211, Beed by pass road,
Aurangabad: 431010 (Maharashtra) INDIA.
(O) 02402375113 (M) 7276661925
E-Mail: waghodekar@rediffmail.com
Website: www.mit.asia
and
Chairman, Advisory Board, MTC Global, Bangalore.
Engineering & Management Education: An Engine of Prosperity.
Classroom teaching must match with Boardroom needs!
From: devendra pawar <devendra.pimd@gmail.com>
Sent: Sat, 01 Apr 2017 15:47:31
To: join_mtc@googlegroups.com
Subject: [MTC Global] Eligibility for Payment of Gratuity
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