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Compensatory off policy companies employees
Dear all hi.. i have recently joined organization which service industry where there is practice of enchasing the compensatory leave. i have some doubts about it please help me in resolving them. a can we encash the compensatory off legally because as per the law we can only encash pl at time of retirement or at time of exit of basic drawn at that time.if yes please tell under which act it is applicable. bif i need to pay the compensatory off then under which salary head we have to refer so that there will not be legal obligation on companies end in future. cdo we need to pay compensatory off on the basis of basic or on the gross salary drawn by an employee. dis there is any clause through which i can refer to & state to an employee that we can not encash the compensatory off. looking forward for the above mentioned queries. regards arpit khare
Deducted pf on the encashment of compensatory off itself claims that the company has not been following the act?
Hi hr colleagues i would like to mention a situation where a company is deducting pf on the encashment amount of compensatory off at their factory employees. as company have its internal policy of encashment of compensatory off if not availed within next six months. my argument is that as per the factory act it s mandatory to give a break after continuous working of 48 hours whereas by deducted pf on the encashment of compensatory off itself claims that the company has not been following the act. kindly put the light of your comments on the above situation as my urge is that we should not deduct the pf on encashment of compensatory off and should have paid in cash only. looking forward in the anticipation of an expert view on the above situation.
Compensatory off
Dear seniors just needed your view can we go ahead and adjust compensatory off with pl or there is any other specific rule.
Compensatory off
Can i take compensatory off as physical present for calculating earned leave?
Compensatory off time period
Hello i need some support on the following point relating to compensatory off: is there a period within which an empployee needs to utilize his/her compensatory off? for e.g. if an employee works say on 19th january 2013 saturday holiday does he/she have to utilize that before a time period. if he does not utilize it during the said period he eligible to get paid for that day or does it get expired. regards sunil subbramaniyam
Compensatory off
Hi can u send me the compensatory off policy. regards surya