What is the name of the benefit given to the employees for the services rendered by them for five years or more?

[1 mark]

Group health insurance

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Group life insurance

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Employee remuneration

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Gratuity

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Solution

The correct option is D Gratuity
Gratuity is given by the employer to an employee for the services rendered by him for five years or more. It is usually paid at the time of leaving the employment or retirement, but it can be paid before certain conditions are met.

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What is the name of the benefit given to the employees for the services rendered by them for five years or more? [1 mark]

The correct option is D GratuityGratuity is given by the employer to an employee for the services rendered by him for five years or more. It is usually paid at the time of leaving the employment or retirement, but it can be paid before certain conditions are met.

What is the name of the benefit given to the employees for the services rendered by them for five years or more?

[1 mark]

The correct option is D Gratuity
Gratuity is given by the employer to an employee for the services rendered by him for five years or more. It is usually paid at the time of leaving the employment or retirement, but it can be paid before certain conditions are met.