Payroll Assistant Question: Download Questions PDF
Tell me what is gratuity? How is it calculated?
Answer:
Gratuity is an amount accumulated over the tenure of employees, calculated using a certain formula and is payable when an employee retires or resigns. The formula for calculation of gratuity is: basic pay divided by no of working days in a month multiplied by total number of years worked.
Download Payroll Assistant Interview Questions And Answers
PDF
| Previous Question | Next Question |
| Tell me what should be the qualities of payroll clerk? | Please explain what Payroll Forms Are You Familiar With? |