What is a Gratuity Calculator?
A Gratuity Calculator helps you estimate the amount you are eligible to receive as gratuity when you leave your job after completing at least 5 years of continuous service. Gratuity is a monetary benefit provided by the employer as a token of appreciation for your long-term service.
How is Gratuity Calculated?
The standard formula used for calculating gratuity is:
Gratuity = (Basic Salary × 15 × Years of Service) / 26
Just enter your last drawn basic salary and the number of years you've worked to instantly calculate your gratuity amount using the calculator below.
Gratuity Calculator
Eligible Gratuity: ₹
No comments:
Post a Comment