An online end of service calculator to help the common salaried people to calculate their Gratuity. The Gratuity calculator does calculation based on individuals average salary, dearness allowance and number of years of service.
Use our online gratuity calculator to find the end of service amount paid for the individuals. It is the benefit payment given by the employer to the salaried person for the service rendered by them. An individual who has worked in an organization for a minimum of five years period or more is eligible for this benefit. Gratuity is also referred as Service benefits. In our gratuity calculator, the gratuity amount paid for the individual would be calculated on the following, its based on his/her average salary, dearness allowance and year of service in an organization. Gratuity payment varies for the employees who come under gratuities act or who are not under the act.
Calculate gratuity amount for a given Basic Pay = 17500, DA = 1500 and Years of Service = 25
= ( ( 17500 + 1500 ) * 15 * 25 ) / 26
= ( 19000 * 375 ) / 26
= 7125000 / 26
Therefore, gratuity amount is 274038.461