Gratuity Calculator
Calculate the gratuity amount you are entitled to based on your last drawn basic salary and total years of service. This calculator uses the standard formula: (Basic Salary x 15 / 26) x Years of Service.
Gratuity Calculator
FAQ
What is gratuity?
Gratuity is a lump sum payment made by an employer to an employee as a token of appreciation for services rendered. It is typically payable upon retirement, resignation, or termination after a minimum period of continuous service.
How is gratuity calculated?
The standard formula is: Gratuity = (Last Drawn Basic Salary x 15 / 26) x Years of Service. The factor 15/26 represents 15 days of wages for each completed year of service, based on 26 working days per month.
When am I eligible for gratuity?
Eligibility rules vary by country and organization. In many jurisdictions, employees become eligible after completing 5 years of continuous service with the same employer. Some organizations may have different minimum service requirements.