How to Calculate End of Service / Gratuity if resigned important things to Know | MexCreationTv
addition to any amounts due to the Worker at the end of his/her term of service, the Employer shall pay an end-of-service gratuity to the Worker who has been employed for a period of one full year or more as of the effective date of this Law. The gratuity shall be determined and agreed by both parties, provided it is not less than a three-week-pay for each year of service. The gratuity shall be calculated according to the period completed in the company.
Worker is further entitled to get a gratuity for fractions of the year based on the entire duration of service proportionately.
for a period of 1-2 years in the company gratuity will be 3 weeks of your salary
For a period of 5-10years in the company gratuity will be 4 weeks of your salary.
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