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Finance Calculators
Gratuity Calculator
Estimate the statutory gratuity amount owed to an employee based on final salary and years of service.
Gratuity amount
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About the Gratuity Calculator
Gratuity is a lump-sum benefit paid to an employee at the end of their service, common in many countries as a reward for long-term loyalty, and is typically based on final salary and years worked.
Formula: Gratuity = (15 × Last Drawn Monthly Salary × Years of Service) ÷ 26
This uses the widely-used 15-days-per-year formula based on a 26-working-day month, always check your local labor law, as gratuity rules and eligibility thresholds vary by country.
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