Gratuity
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
30 October 2010
is Gratuity part of Employee's CTC? Pls. explain
30 October 2010
DEAR ANONYMOUS,
IN MY OPINION, MOST OF THE ORGANIZATION ARE NOT CONSIDERING THE GRATUITY AMOUNT IN THE CTC. HOWEVER IT SHOULD NOT BE CONSIDERED AS A PART OF THE CTC BECAUSE OF TIME PERIOD OF 5 YRS. IT IS VERY DIFFICULT FOR AN ORGN TO RETAIN QUALITY TALENT PEOPLE IN THE ORGN FOR 5 YRS.
IN MY OPINION, MOST OF THE ORGANIZATION ARE NOT CONSIDERING THE GRATUITY AMOUNT IN THE CTC. HOWEVER IT SHOULD NOT BE CONSIDERED AS A PART OF THE CTC BECAUSE OF TIME PERIOD OF 5 YRS. IT IS VERY DIFFICULT FOR AN ORGN TO RETAIN QUALITY TALENT PEOPLE IN THE ORGN FOR 5 YRS.
30 October 2010
agree with ramesh
30 October 2010
Hi
Please also go to the following link:
http://www.citehr.com/126561-gratuity-part-ctc-despite-not-being-applicable.html
Please also go to the following link:
http://www.citehr.com/126561-gratuity-part-ctc-despite-not-being-applicable.html
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