The meaning of GRATUITY is something given voluntarily or beyond obligation usually for some service; especially : tip. How to use gratuity in a sentence. Gratuity vs. Tip.

A gratuity (often called a tip) is a sum of money customarily given by a customer to certain service sector workers such as hospitality for the service they have performed, in addition to the basic …

Jun 3, 2023 · The University of Michigan's International Center held a discussion about gratuity in Michigan. Here are the insights the U of M International Center offered and some tips from …

Mar 15, 2021 · What is gratuity? Gratuity is the amount employees receive as a part of their gross compensation from their employer. It’s regulated under the Payment of Gratuity Act, 1972, and …

Jan 28, 2025 · What is Gratuity? Gratuity is a lump-sum payment made by an employer to an employee as a token of appreciation for their service upon termination of employment, which …

Gratuity is a lump sum of money that is paid by an employer to an employee as a show of gratitude for the employee’s loyal service over an extended period.

Jun 14, 2024 · Gratuity, often referred to as a gratuity payment or gratuity benefit, is a form of monetary reward or compensation provided by employers to employees as a token of …

Apr 10, 2025 · Gratuity and ex gratia payments represent two forms of financial compensation that are often misunderstood or conflated. While both are associated with the termination of …

Definition: Gratuity implies a sum paid to the employee by the employer organization as a form of gratitude, for the services rendered by him/her to the company, over the years. It is given …

Nov 21, 2024 · Gratuity is a benefit received by employees as a token of appreciation for their service to the organization. It acts as a form of financial security, offering a lump sum to …