This discussion explains how to calculate gratuity for a private school employee who has passed away after 6.5 years of service. The calculation involves their monthly wages, which are stated to be Rs. 16,254 under the Minimum Wages Act. The gratuity is generally calculated as 12 times the monthly wages, with a specific formula provided for death cases involving the number of years of service.
22 September 2021
PLEASE PROVIDE A DETAIL OF CALCULATION OF GRATUITY IN CASE OF DEATH OF EMPLOYEE (PRIVATE SCHOOL EMPLOYEE) PERIOD OF SERVICE 6.5 YEARS SALARY (UNDER MINIMUM WAGES ACT RS.16254)
23 September 2021
Dear all. The gratuity is payable to employees as stated below on completion of 5years of continuous service on death of employee total pay dived by (26days in a month) x15(Days wages) x no of years service