We are a BPO company and would like to know if an employee is eligible for paid leaves during the probation period.
Leave Encashment Calculation
Also, how is leave encashment calculated? Is it based on the Cost to the Company or only on the Basic Salary?
Thanks,
Rams
From India, Hyderabad
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Leave Encashment Calculation
Also, how is leave encashment calculated? Is it based on the Cost to the Company or only on the Basic Salary?
Thanks,
Rams
From India, Hyderabad
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Dear all, Leave encashments are to be calculated on Basic salary only. But note that LOP is calculated on gross salary. S.Sethupathy, Erode.
From India, Selam
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67From India, Selam
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Dear rams, It will be better to go through your applicable State Shops & Establishment Act for your query on leaves. R.N.KHOLA
From India, Delhi
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From India, Delhi
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They should provide a fixed amount of days, for example, 20 days, throughout the probation period. There should be a minimum duration to prevent them from taking advantage of the paid leaves, but in emergencies, they can utilize them effectively. Trainees also have natural emergencies.
Thanks.
From Bahrain
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Thanks.
From Bahrain
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Employee Benefits.doc
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