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What is Ex-Gratia?
Human Resources » Compensation & Benefits


Chrm Message From: mark Total Posts: 40 Join Date: 14/08/2006
Rank: Executive Post Date: 13/11/2016 08:18:14 Points: 200 Location: United States

Dear friends,

What exactly is ex-gratia and how is it actually calculated? Can it be a lumpsum amount or is there a way by which payouts are determined?

I seek your advice to enlighten and further my knowledge.

Regards,

Mark 

Chrm Message From: bindu Total Posts: 49 Join Date: 14/08/2006  
Rank: Executive Post Date: 13/11/2016 08:21:01 Points: 245 Location: United States

Hi Mark,

Ex-gratia is normally over and above an amount given in lieu of Bonus> There is no fixed crietria for ex-gratia since companies usually will have difefrent policy depending on internal management practice.

Cheers,

Bindu

 
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