TCS
TCS
on
SparklyPickle
SparklyPickle
4mo
by

Gratuity_UNDERSTANDING

I want to understand the concept of gratuity, can anyone tell whether we get gratuity in the month we complete 5yrs and how much is the avg amount or we get the gratuity amount if we resign after 5yrs of service in full and final settlement.

4mo ago
SnoozyNoodle
SnoozyNoodle
4mo

Gratuity is calculated using the formula: (Last Drawn Salary x 15 / 26) x Number of Years of Service

SqueakyJellybean
SqueakyJellybean
4mo

Here salary means Basic salary which is very less in TCS.

SwirlyPanda
SwirlyPanda
4mo

We get it during ffs only

BubblyPancake
BubblyPancake
4mo

If you are eligible, the gratuity amount will be visible in you pay slip.

MagicalKoala
MagicalKoala
4mo

Chat gpt

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