MagicalWaffle
MagicalWaffle
9mo

Trending @Accenture; Gratuity Query

Can anyone please explain when the person is eligible for gratuity in accenture? Suppose I joined Accenture in jan 2022 then when should i resign to be eligible for this?

9mo ago
SquishyPenguin
SquishyPenguin
  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

SnoozyWalrus
SnoozyWalrus

4 years and 8 months of service to be exact

FloatingNarwhal
FloatingNarwhal

This is correct, ask Dipa, it also says the same

SqueakyPancake
SqueakyPancake

Nope 5 years to be exact of DOJ

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