Trending @Accenture; Do we have any formula for gratuity calculation? I spent 7 years so what will be my gratuity amount?

1. If you have completed 4 years and 240 days then you are eligible for Gratuity.
2. Gratuity is not paid along with your salary. Gratuity payments happen separately i.e. within 30 days from your Last Working Day (LWD).
3. It will be calculated on your last monthly Basic Salary drawn.
4. Here's the math: 15/26 x Last month's Basic Salary x Number of years completed in the organization.
5. If you have completed 5 years 6 months, it will be considered as 6 years; but 5 years 5 months will be taken as 5 years.
6. Leave of Absence (LOA), Notice Period (NP) and GCP are all considered while calculating the Gratuity period.

You can ask DIPA in TEAMS.