The gratuity calculation formula -Explained
September 5, 2024 ⚊ 1 Min read ⚊ Views 11 ⚊ BLOG
Unlock the Gratuity Calculation Formula with an Illustrative Example. Understand your entitlements and plan ahead effectively. Gratuity is given by the employer to the employee in lieu of the services rendered during the period of employment. Here, we\’ll get to learn the criteria and formula for the premium calculation of the Group Gratuity policy.
Tags: gratuity calculation formula, group gratuity policy
