answersLogoWhite

0


Best Answer

Gratuity is supposed to be paid by the employer and should not come under the cost to company. The reasons are if Gratuity is added to the CTC, then the same should be paid to the individual during his seperation. Gratuity should normally be mentioned seperately on the offer letter. Regards, Sriram Send your replies to smarirs@Yahoo.com

User Avatar

Wiki User

16y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Is gratuity comes under cost to the company?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

How much cost a taxi from Austin to Houston Texas?

Normally it depends on traffic, but as distance of 164 Miles for Austin to Houston Texas, then it would cost around 461$ excluding gratuity.


How much is the 8g iphone 4?

if it comes out it will cost under 200 but it hasn't come out yet


What is the full form of CTC salary?

CTC -> Cost To Company. It means your pay package/monthly salary, which the company has to shell out every month for you. Current CTC - The salary that you receive currently/presently Expected CTC- Salary that you expect from the company that you are applying to.


Is cost per 1000 the same as mean cost?

No, it is not. cost per 1000 relates to one product that is produced by one company. The item comes in at a cost of so much per 1000 units. If you went to several different suppliers of the same item and got each company's cost per 1000, then you could calculate the mean, or average cost.


If you hit a road barrier in a car crash. Would you have to pay for the barrier?

If you have insurance the insurance company covers it if you do not the cost comes out of your pocket


Definition of cost to company?

Cost to company means the salary you paid by the particular company.


What refrigerator offers the highest quality at the lowest cost?

Frigidaire is the leading company when it comes to making refridgerators of high quality that are still affordable.


What is CCTC and ECTC in terms of salary?

what is the abrieviation of ectc and cctc ECTC: Abbreviation for Expected Cost to Company CCTC: Abbreviation for Current Cost to Company


What does ctc ectc np stand for?

ctc = cost to company ectc = expected cost to company np = notice period


What is purchase cost?

Purchase cost is the cost of inventory in case of manufacturing company and cost or goods for resale purpose in case of merchandising company.


What does cost to company mean?

The Total Cost to Company refers to an employee's salary package. It is the total cost a company or organization is spending for an employee and it includes salary and perks.


What is the format of a cost sheet of a company?

Cost sheet of a company has expenses recorded in them. They mainly maybe short term cost's and long term cost's.