Labour Laws & Ir
Executive - Hr
28th December 2010 From India, Bangalore
The PL/EL (Prevailage Leave and Earned Leave)is same,as per the act for every 20 days you work you will be provided with 1 day of earned leave, so in a year it is 18 days per year and it is en cash-able.The unused PL/EL can be carry forward to next year and the capping depends upon the company to company policy,this may be 30 days maximum,45 days maximum.
29th December 2010 From India, Bangalore
Pl accumulation is depend on the notice period. If company given notice perod for one month then pl can be accumulated for one month because when the employee is leaving the organisation and he is not completeing notice period or company is releiving the employee immediatley whatsoever reason that time same will be adjusted.
This is totaly depend upon the policy of the company, some company is not accumulating PL for next year and balance will be encashed in the last month of year or financial year because employees are taking leave any time and the organisation is suffering their work.
29th December 2010 From India, Mumbai
Every company has different rule about it. Please refer the Leave manual of the organization.
You can refer: Shops & Establishment Act, Factories Act for further inputs in the matter.
In most of the cases, The PL (Privileged Leave) / EL (Earned leave) are linked to the length of service in the organization, and is credited to the employee after completion of one year of service.
Factories act do state that the individual should have been present of minimum of 240 days for becoming eligible for EL.
16th April 2011 From India, Jamshedpur
Pl is earned on the basis of working days. Forwarding the balance PL for the next year is totally depend on the company policy.
Some company is forwarding the pl for the next year as per their notice period while employee is leaving the organisation, if notice period is 60 day company is mataining the 60 days pl accumulation of the next year.
if anybody lwants to eave within two months so he will pay two month's salaryto the company or to work two months and take encash the balance pl.
18th April 2011 From India, Mumbai
if a Small company(SSI) partnership form wants to introduces leave policy after 4 years of establishment, how the leave policy should be implemented? How the Earn leave is calculated ? it is from the current year or from past years? . pl.clarify.
19th February 2017 From India, Bangalore
Can anybody share, what should be the leave policies applied in startup IT company????
11th October 2017 From India, Delhi
13th December 2017 From India, undefined
Upto 3 years your Earned leaves can be carry forwarded but not your other leaves.
And at the end of 3 years your EL will lapse so as per labour law you can encash maximum 30 EL on your basic pay not on gross pay.
Yes, it's completely depend on company/employer whether he wants to adopt this policy or not But I couldn't find anywhere that based on skills(workers & management) leave encashment will also vary.
15th December 2017 From India, Delhi
15th December 2017 From India, undefined