end of service gratuity calculation

mhar23
By mhar23

guys, help mhe plz.... how much do i get about my end of service and gratuity calculation... i've work in company for 12 years my salary is 3050.. plzz help mhe...

By thebestlotus• 14 Dec 2010 08:50
Rating: 4/5
thebestlotus

well...depends on company to company i guess. but normally if you are less than 5 years 21days per year and more than 10 years than 30days per year...so it would be your BASIC SALARY x 12...there u go !

By freedom1010• 14 Dec 2010 08:21
Rating: 3/5
freedom1010

21 X 12 X your basic salary

By Hawk10• 14 Dec 2010 07:42
Rating: 2/5
Hawk10

You can do it yourself with the following guidelines:-

Gratuity: 21 days per year (Your present Basic Salary)

If you have balance leave: 21 days per year

By The rock• 14 Dec 2010 07:42
Rating: 5/5
The rock

So you get 12 x 'your basic salary'

Note that 3050 may include any number of allowances, so for example, if Basic Pay is 2050 and house allowance is 1000 then you will get

12 * 2050

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