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Administration Manual - B.E.S.T. Undertaking.

Administration Manual - B.E.S.T. Undertaking.

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Wholly, in which case the employee is not eligible for payment of<br />

gratuity under S.O.).<br />

of)<br />

Temporary employees ( Gratuity payment) in the prescribed format.<br />

Slab:<br />

351<br />

No.of years of service Slab (Gratuity payable at the rate<br />

Upto 20 years 15 days<br />

20 to 24 20 ”<br />

25 to 29 24 ”<br />

30 to 31 26 ”<br />

32 to 34 29 ”<br />

35 and above 30 ”<br />

1. In case of death an employee who has completed continuous<br />

service in excess of 6 months i.e. 6 months and 1 day he is eligible<br />

for payment of gratuity under the Gratuity Act of 1972.<br />

2. While computing the attendance for 240 days in one year the<br />

following days are considered absent days, suspension, days of<br />

absence on account of strike which is declared illegal.<br />

3. The service of one year means the period of one-year commencing<br />

from the date of joining in the service of the <strong>Undertaking</strong>.<br />

4. For deciding the rate of number of days payable as per the slab,<br />

actual period of Service is taken into consideration & for<br />

determining the payment of gratuity, no. of completed years of<br />

Service or part thereof, in excess of six months, subject to a<br />

maximum of 40 years will be taken into consideration.

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