I have a small software company registered in Gujarat. The company employees < 10 work from home. They get Saturdays and Sundays off with 8 mandatory national holidays and 2 optional minority holidays. What should be my leave policy? Is encashment of leaves at the time of termination mandatory under law? I read most companies offer 12 Casual leaves + 12 earned leaves a year ( 1 day off for 20 working days) but most places say leave encashment is not mandatory. Please advise.
From Canada, Vancouver
From Canada, Vancouver
You need to follow the leave policy as what is required as per the Shop & Establishment Act of Gujarat. Leave encashment while in service is not mandatory but it is mandatory as a terminal benefit.
From India, Mumbai
1534From India, Mumbai
Dear Member
Please visit the link below for the Gujarat Shops and Establishment Act
Gujarat Shops and Establishments (Regulation of Employment and Conditions of Service) Act, 2019
From India, Mumbai
Please visit the link below for the Gujarat Shops and Establishment Act
Gujarat Shops and Establishments (Regulation of Employment and Conditions of Service) Act, 2019
From India, Mumbai
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Leave Policy.doc