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IT Company Discussion
IT Company Discussion
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SquishyNarwhal
SquishyNarwhal
LTIMindtree

Gratuity eligibility

Do employees working in IT sector are eligible for gratuity after 4 years & 190 days (i.e. 4 years and 7 months approx) or need to spend a complete 5 years minimum? Please suggest.

5mo ago
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JumpyPretzel
JumpyPretzel
Stealth5mo

4 yrs+ 190 days is the rule for those who work 5 days/week. So for IT folks it is 4 yrs 6 months approx, not 5 yrs. I can attest to it since our HR had sent Congratulations email after 4.6 yrs!😄

SquishyNarwhal
SquishyNarwhal
LTIMindtree5mo

This helps

MagicalPancake
MagicalPancake
Cred5mo

I got gratuity for spending less than 5 yrs as well

SparklyBiscuit
SparklyBiscuit
Accenture5mo

Is date of resignation considered or the last working day?

SillyBanana
SillyBanana
LTIMindtree4mo

yes you are eligible

FuzzyRaccoon
FuzzyRaccoon
Bosch4mo

5 year rule is abolished, now payout is prorata basis.

FuzzyPretzel
FuzzyPretzel
Stealth5mo

What's the gratuity amount looks like?

TwirlyNarwhal
TwirlyNarwhal
ServiceNow5mo

5 years

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