Employers often reward employees with additional financial benefits as a token of appreciation for their dedicated service.

Understanding how to calculate gratuity ensures employees are aware of their entitlements, helping them plan their future effectively.

The formula for calculating gratuity is very simple, Total gratuity = (last basic monthly salary) X (15/26) X (years of job). For example, you started the job in 2019 and resigned in 2024.

Here, we will discuss how to calculate your gratuity for 5, 7, or 10 years of service and secure your financial future. Let's ...

The factors considered for gratuity calculation in India are the last drawn basic salary of the employee, dearness allowance and the number of years of service. Given below is a gratuity calculator to ...