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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.

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1d ago

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