Gratuity calculation if previous service gratuity transferred to the current employer

Labour & Industrial 139 views 2 replies

Sir,

Please confirm whether Gratuity will be paid for the service period of current employer (PSU) for more than 5 years and previous employer (PSU) whose gratuity amount transferred to the current employer (applied through proper channel)

Please advise 

Replies (2)
You will get gratutity cumulatively received from both employer

Thanks for reply,

 

but below given formula is mentioning only current employer, please advise:

 

Using the Gratuity Calculator Formula, one can determine the gratuity amount.

 

Gratuity (G) = n*b*15/26

 

n = The number of completed years in the current organization

 

b = the Last drawn basic monthly salary (plus dearness allowance, the commission received on sales, if any)


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