After 5yrs gratuity is received how is it in future? Does the gratuity amount gets increased?

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Posting as :
works at
You are currently posting as works at

Its always 15 days salary for all the years you have worked with the firm. So if your salary increases, gratuity will increase proportionally as well

helpful

Gratuity is only paid when you leave the firm and the amount is calculated basis the last drawn 15-days salary x no. of years of service in the current firm

helpful

Only( Basic+DA) is considered for gratuity calculation, 4.82% of your annual basic+DA. If your annual basic is 10 lac then every year you are accumulating 48.2 k as gratuity. With increase in basic , gratuity increases.

uplifting

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In Parallel Universe...

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funnylike

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