What is the formula for the calculation of Gratuity?
Answer Posted / rohit rana
No. of years= who has completed more than 240 days in a
respective years during service.
Means someone who has completed 10 years in a service but
only in 6 years who has attended more than 240 days.
So, Gratuity = Basic+D.A.(Suppose 5000)/26*15*No. of years
who has attended more than 240 days(6)
Gratuity=17307.69
| Is This Answer Correct ? | 17 Yes | 11 No |
Post New Answer View All Answers
How are various factors of production affected by global competition? Do we manage people any differently in a globally competitive environment?
Company development & Employee motivation & Salary Statement Preparing
What is the difference between role and position?
Please tell us about your work experience as HR generalist? What was your work profile in your last organization?
what contents should be added in introduction part?
why do you think you qualify for a human resources manager position
i am a mba professional,but i ve secured 59.5% in mba.will i get job in hr field ps tell me?
what are the various off the job training methods?
what control mechanisms might be most appropriate to ensure that action plans match targeted needs?
i have done M.S. in organic chemistry and now i got admission in M.B.A. (human resource management) but i dont know how i corelate my degree with M.B.A. to convence visa officer
Some of my friend is willing to do MBA from a reputed institute. Currently she is working with a top recruitment consultant. Will th experience will be counted in HR field later
what is contract labour? Pls Spesify in brief, what is PF according to you? What is ESIC according to you? What r the current rate of PF and ESIC?
please send me model question paper for junior exe hr
What would you do for us? What could you do that someone else can’t
Recruitment and selection of HR in ITC company