What is Gratuity? Rules & Eligibility Explained | Workwisely

Gratuity

GRATUITY

Gratuity

Run a compliant gratuity program — eligibility, accruals, and statutory payouts — with full visibility for finance and HR.

Overview
👥 WHO USES THIS
▸Payroll admins running gratuity
▸Finance tracking accrued liabilities
▸HR managing exit payouts
✨ WHAT YOU'LL ACHIEVE
▸Accrue gratuity accurately monthly
▸Compute payouts under the Act
▸Integrate with F&F cleanly

Gratuity is a statutory benefit paid to employees who have completed a minimum of five years of continuous service, as per the Payment of Gratuity Act, 1972. Application allows you to configure gratuity rules and automatically calculate gratuity amounts when applicable.

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