Gratuity is a statutory benefit provided by employers as a token of appreciation for employees’ long-term service. According to experts, it is not part of the regular salary and is designed to provide ...

Gratuity is calculated using the formula: Gratuity equals (Last Drawn Wages multiplied by 15 multiplied by Completed Years of Service) divided by 26. Most people know gratuity as a retirement benefit, ...

Multinational employers are grappling with big changes under India’s new labor codes that took effect in November 2025 – and we’re breaking down the key impacts in a series of insights. India’s Social ...