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Hi Venkat,If an employee worked for 5 years and 8 months, then you have to consider 6 years as the number of completed years of service.Formula for Calculation: Last Basic / 26 X 15 X 6.
Can someone please share the exact formula with explanations for 1) limited contract and 2) unlimited contract? Also, how is gratuity calculated from probation to 1 year, from 2 to 3 years, and from 3 to 5 years, and so on! This is urgent, please.
Please clarify how to calculate the number of years worked for gratuity.For example, if someone has worked for 5.5 years, how many years should be considered for calculation and payment of gratuity? What is the exact concept behind this calculation? Please provi...
My name is Jitendra. I have been working in the company for almost 9 years and 8 months. My basic salary is 7200\. How can I calculate my gratuity? Please calculate my gratuity and email me at my email id.
Hello Pawarmohan,Here is the Excel format of the Gratuity Calculator.Regards
One of my employees' date of joining is 02/10/2009, and the date of leaving is 31/03/2016\. Kindly verify the year of gratuity.
Hello,I started a job on 28/08/2004 and resigned on 05/01/2014\. My monthly salary was 25000\. Could you please calculate how much gratuity I am entitled to receive?Thank you.
Can someone assist me, please?I need to calculate gratuity for our employees, and the criteria are as follows:- Basic salary * 7 days if years of service is 1 to 3 years- Basic salary * 14 days if years of service is 3.1 to 4.99 years- Basic salary * 21 days if ...
Can anyone send me a format in Excel for gratuity calculation as per U.A.E with IF conditions? The rule is as follows:1st year: 7 days' salary of basic2nd year: 14 days' basic salary3rd year: 21 days' basic salary3rd to 5 years: 21 days' basic salary x number of...
Hi Chief,Any luck? I'm looking for the same, and I hope someone can help me out with a Gratuity Calculator.Regards,Mark