Here is a list of 5 free online gratuity calculator websites. They provide you with free calculators & formula to calculate your gratuity amount at the end of professional life.
Gratuity amount, as we all know, is the amount which is a certain part of our monthly salary paid by our employer as a gratitude for the services offered by us in their company. It, however, is paid to us at the time of us leaving the job, along with other monetary benefits. Now, counting the gratuity amount of an employee is not an entirely arbitrary exercise set of differently by each company; there are both fixed parameters & some independent factors that help an employer determine their gratitude for an employee. The websites mentioned below introduce you to these fixed parameters, and help you determine your personal gratuity amount. Since, some of the other independent factors are also involved in determining the final amount, these websites only help you to reach to an estimated amount.
The 5 websites reviewed in this article are moneycontrol, easy calculation, ProKerala.com, N Calculators, and Gratuity.
moneycontrol:
The first free online gratuity calculator is moneycontrol. The website happens to be a big financial portal with all the information about market, shares, and more. What makes me fit it in this article is that it has also got a free online gratuity calculator that helps you to calculate your gratuity fund. You get this amount at the time of your leaving the job, or retirement from a company. In case you are leaving your job, spending 5 years there is compulsory to even qualify for this benefit. If you do fit the bill, just enter in details like your salary as on date, dearness allowance, if you have any, and the number of years you have been employed at the same firm. These details are to be entered in the online calculator, and the Calculate button has to be hit. The website will calculate your gratuity amount, and present it to you. Check out the link above.
easy calculation:
Another free online gratuity calculator is easy calculation. This website also has a free calculator that you can use to count your gratuity amount, without signing up or anything. Just hit the link above, enter details like your basic salary, dearness allowance, if any, number of years in service, and the calculator will automatically calculate the gratuity that you should be getting. The website also goes a step ahead & shares the formula used by it to calculate the final gratuity amount. Even though we get to know the important factors to calculate the gratuity amount, by using the online calculator, we do not know the precise formula to calculate, and this website shares that with us. However, this formula varies from country to country, so you have to keep that in mind. Also, you can download the calculator from the website, by paying a certain amount of money. Check out the link above.
ProKerala.com:
The third online gratuity calculator for you to use freely is available on ProKerala.com. As weird as the name of the website might sound, what matters the most is that it has a free gratuity calculator that can be used by anyone without any registration. Secrecy is a key element for any employee while using such platforms, or counting your benefits, and the website ensures it for you. Like every other platform, you just have to enter your salary details, dearness allowance you get, and the number of years you have spent at the company. Hit the calculate button, wait for a couple of seconds for website to calculate, take a look at your gratuity amount, smile, and carry on.
This website provides you with the formula of calculating your gratuity amount in India. It follows the rules under Payment of Gratuity Act, 1972, and reaches on a final amount based on it. Check out the link above to calculate your gratuity amount.
N Calculators:
The penultimate online gratuity calculator reviewed here is available on N Calculators platform. As the name of the website itself suggests, it has got a lot of different calculators at their disposal for users to benefit from. One such calculator happens to be an online gratuity calculator that helps you calculate the gratuity amount that you will be getting at the end of your professional life. Alongside the calculator, there is a brief explanation regarding what is gratuity, and what does a gratuity calculator do. So, if you are someone with no idea of gratuity amount at all, check out the link above, and start calculating.
Gratuity:
This is the final online gratuity calculator reviewed here in this article. Like every other name mentioned above, this website also comes with a simple gratuity calculator for you to use for free. There are boxes that you have to fill in, and enter the hit button to calculate your worth at the end of your term. Below the calculator are the points that talk about the eligibility criteria for an employee to get a gratuity amount. Thus, the one main reason that made me put this website at the end is its archaic user interface. All the other websites provide you with the same calculator but, with a much improved user interface. This website makes no attempt to work on its interface. Check out the link above.
So, now you know the platforms that you have to visit in order to calculate your gratuity amount, and also know the formula behind the amount. Go through them, and get back to us to share the excitement of receiving a great gratuity amount.
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