Mmo 2024 Gratuity Formula. Multiply the daily wage by either 21 or 30, depending on the duration of their service in the company. A gratuity calculator is a tool which gives you an estimate of the amount that you would receive, on quitting the job, after rendering a.
(15 *your prior drawn salary *working tenure)/30. For instance, if you have worked for a company for seven years, the organisation is not covered.