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The "Gratuity" benefit applies only to team members of Axelerant Technologies, Pvt. Ltd. (India).

What is Gratuity?

When an eligible team member leaves Axelerant, they are given a A lump sum payment, called Gratuity. This payment , is one of the many benefits Axelerant offers to acknowledge the team member's loyalty and dedication.

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The Gratuity Act of India states that a team member an employee becomes eligible for a gratuity after they complete uninterrupted continuous service of Gratuity after completing an uninterrupted five years of service at the same organization.

However, the Gratuity will be wholly forfeited during https://axelerant.atlassian.net/wiki/spaces/OA/pages/1859388194/Exceptional+Situations#Axelerant-Initiated-Separation, like the following:

  • Breaching organizational or professional ethics.

  • Breaking laws or legal agreements.

  • Fraud–including excessive or improper equipment purchases.

In this regard, the decision of Axelerant Technologies Private Limited shall be final and binding on the team member.

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