Gratuity
- Eligibility tracking based on continuous service and employment category
- Computation and nomination/claim documentation support
- Gratuity trust and insurance-funded option coordination
- Actuarial provisioning inputs and payroll reconciliation support
- Delay, forfeiture and competent-authority matter assistance
Under section 53 of the Code on Social Security, gratuity is generally based on fifteen days’ wages for each completed year (or part over six months). The five-year service condition has statutory exceptions, including fixed-term employment on expiry of the contract.