Gratuity Calculator (2024)

An online end of service calculator to help the common salaried people to calculate their Gratuity. The Gratuity calculator does calculation based on individuals average salary, dearness allowance and number of years of service.

End of Service Calculator

An online end of service calculator to help the common salaried people to calculate their Gratuity. The Gratuity calculator does calculation based on individuals average salary, dearness allowance and number of years of service.

Use our online gratuity calculator to find the end of service amount paid for the individuals. It is the benefit payment given by the employer to the salaried person for the service rendered by them. An individual who has worked in an organization for a minimum of five years period or more is eligible for this benefit. Gratuity is also referred as Service benefits. In our gratuity calculator, the gratuity amount paid for the individual would be calculated on the following, its based on his/her average salary, dearness allowance and year of service in an organization. Gratuity payment varies for the employees who come under gratuities act or who are not under the act.

Formula :

Gratuity Calculation= [ (Basic Pay + D.A) x 15 days x No. of years of service ] / 26Where, D.A = Dearness Allowance. End of Service Benefits Eligibility : 1. Any person employed on wages/salary. 2. At the time of retirement or resignation or on superannuation, an employee should have rendered continuous service of not less than five years. 3. Payable without completion of five years only when death and disablement.

Example

Calculate gratuity amount for a given Basic Pay = 17500, DA = 1500 and Years of Service = 25

Solution :
= ( ( 17500 + 1500 ) * 15 * 25 ) / 26
=( 19000 * 375 ) / 26
=7125000 / 26
=274038.461
Therefore, gratuity amount is 274038.461


Gratuity Calculator (2024)

FAQs

How to calculate the gratuity? ›

The formula is: (15 * Your last drawn salary * the working tenure) / 30. For example, you have a basic salary of Rs 30,000. You have rendered continuous service of 7 years and the employer is not covered under the Gratuity Act. Gratuity Amount = (15 * 30,000 * 7) / 30 = Rs 1,05,000.

How do you figure out gratuity? ›

Say you and a friend had dinner and the check came to $26.50. You had good service and want to leave an 18% gratuity. Put the percentage in decimal form as 0.18 then multiply the check amount by this number. 26.50 * 0.18 = 4.77.

How can you quickly estimate a 20% tip? ›

Enter the total bill amount. Multiply this amount by 0.20 (since 20% is the same as 0.20 in decimal form). The result will be the amount of the 20% tip. For example, for a $50 bill, a 20% tip would be $50 x 0.20 = $10.

How do you tip 20% without a calculator? ›

Step 2: Find 10% of the bill by moving the decimal point one place to the left. This is the same as dividing the bill by 10. Step 3: Find 20% of the bill by multiplying the value from step 2 by two. Step 4: Round your answer from step 3 to two decimal places so it can be a realistic monetary value for a tip.

Is gratuity and tip the same thing? ›

"Gratuity" is defined in the Labor Code as a tip, gratuity, or money that has been paid or given to or left for an employee by a patron of a business over and above the actual amount due for services rendered or for goods, food, drink, articles sold or served to patrons.

How to calculate tip easily? ›

What is the best way to calculate tip? That's easy. For 20%, take the total, move the decimal one digit to the left, then double it. For 15%, do the same, but instead of doubling, add the number + half.

What is the formula for tips? ›

Explain that a tip is calculated by multiplying the total amount of the bill by the tip percentage expressed as a decimal. ° For instance: The total bill for a service is $27. The percentage to tip is typically 15% (0.15), 18% (0.18), or 20% (0.20).

How to calculate tip out? ›

To split servers' tips by hours worked, add up the total amount of tips and then divide that figure by the total hours worked. Then multiply that figure by the hours an individual server worked.

How to calculate tip on calculator? ›

For example, if your total bill is $50, you'd enter 50 x 0.20 on your calculator, giving you 10 – a $10 tip. Or if you want to know the total that you'll need to spend, add a 1 before the decimal version of your tip.

How do you calculate if something will tip? ›

How can an engineer determine when an object will tip over? F = mg, where g is the acceleration due to gravity, usually taken to be 9.81 ms−2 at the earth's surface. When a force acts on a body the body will accelerate in the direction of the force unless there is a balancing force to oppose it.

How much should you tip for a $30 meal? ›

In the U.S., a tip of 15% of the before tax meal price is typically expected.

Is there a free tip calculator app? ›

The most popular, free tip calculator available in the App Store with well over a million downloads! QuickTip provides a fast and convenient way to calculate the gratuity for any bill. Using large text and simple controls, QuickTip is an easy and fun way to figure out tips.

How to estimate a tip without a calculator? ›

To recap:
  1. First, calculate 10% of the total bill by moving the decimal point one place to the left.
  2. Then, calculate 1% of the total bill by moving the decimal point two places to the left.
  3. When you have those two amounts, you can use them to calculate a lot more. For example, 10% x 2 = 20%. And 20% - 1% = 19%.
Jun 16, 2023

How to calculate basic salary? ›

Basic Salary = Gross Salary - (All the allowances + benefits + bonuses, etc.) I.e., Basic Salary = 10,00,000 - (1,00,000 + 1,50,000 + 50,000), which is equal to Rs. 7,00,000 and hence the basic salary of Mr A is Rs. 7,00,000.

How gratuity is calculated in UAE calculator? ›

What is new gratuity law in UAE 2023? UAE Gratuity is calculated based on 21 days wage for each year of the first five years of their service, and 30 days wage for every additional year.

How to calculate gratuity in Pakistan? ›

In numerical terms, gratuity can be calculated by the following formula: Gross salary in last year of employment/26) x 30 x number of years of employment in the company. Of the three existing retirement benefit schemes, gratuity is the only benefit that is a statutory obligation on some employers.

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