it is the calculation of how many years you are working in one company.
OR
It is the monetary gift found in graduation cards.
Graduity, often referred to in the context of graduation rates or educational metrics, can typically be calculated by dividing the number of students who graduate within a specific time frame by the total number of students who started in that cohort, then multiplying by 100 to get a percentage. For example, if 80 out of 100 students graduate within four years, the graduation rate would be (80/100) * 100 = 80%. Ensure to consider the time frame and any relevant adjustments for students who transfer or withdraw.
The term of gratuity refers to the duration of time an employee must work for an employer to be eligible for gratuity payments upon leaving the organization. In many regions, this period is typically five years of continuous service. Gratuity is a form of financial benefit provided to employees as a token of appreciation for their service and is often calculated based on the employee's last drawn salary and the number of years worked. Specific rules and regulations governing gratuity can vary by country and employer.