To all Seniors It would be a great help if you may please brief me about the leave encashment procedure in an organization. Looking forward to your revert Thanks
From India, Jaipur
From India, Jaipur
Hi there,
Please do use this simple –
Basic Salary/31 * days of leave to be en-cashed = Your encashment.
Its 31 days cause December is 31 days the month where all leave balance are reviewed for carry forward.
Regards
From Oman, Muscat
103Please do use this simple –
Basic Salary/31 * days of leave to be en-cashed = Your encashment.
Its 31 days cause December is 31 days the month where all leave balance are reviewed for carry forward.
Regards
From Oman, Muscat
To all Seniors,
What is the maximum number limit to which EL gets accumulated? I mean that every yr if the employee is not availing the specified no of EL they get carried forward to next yr and so on, my question is that to what number can the EL be accumulated then would be lapsed?
Looking forward to your revert
Thanks
From India, Jaipur
What is the maximum number limit to which EL gets accumulated? I mean that every yr if the employee is not availing the specified no of EL they get carried forward to next yr and so on, my question is that to what number can the EL be accumulated then would be lapsed?
Looking forward to your revert
Thanks
From India, Jaipur
Hi Parul,
According to the provisions under section 79 (5) of The Factories Act 1948, the earnned leaves balance can be carried forwarded to the next year and shall be accumulated not more than 30 days in a year. So EL excess than 30, either may be encashed when becomes due or may be lapsed, if not encashed.
Regards,
From India, Sholapur
According to the provisions under section 79 (5) of The Factories Act 1948, the earnned leaves balance can be carried forwarded to the next year and shall be accumulated not more than 30 days in a year. So EL excess than 30, either may be encashed when becomes due or may be lapsed, if not encashed.
Regards,
From India, Sholapur
Hi All,
I am working as a HR Admin Executive in a Bangalore, my manager is not at all professional she never guide me for any thing, i do what i have studied or learned in my previous company.. sometimes i have to bring a coffee for her and her friends, she always scold me for the mistake she has done...
Here i m working on 70% less salary, because i have got 7 months gap after my marriage and then only i came to Bangalore.. i don't have leaves for next one year because of her policies, she told me at the time of joining that we will give you hike with your confirmation after 3 months , but after 6 months still i am waiting for my confirmation she confirmed me on board, neither i got hard copy of my confirmation letter nor salary hike.. Rarely people speaks English here either in Kannada ,little Hindi or any other language.. i m feeling like i m lasting my knowledge here not learning anything.. i am searching for other job but cannot take a leave for interview...i am loosing my confidence, as well as command over English as you can see in this post!
please help me out for this and guide me, i am having 3years of experience of HR Generalist
Please suggest me something..
Thanks
Swaati
From India, Bangalore
I am working as a HR Admin Executive in a Bangalore, my manager is not at all professional she never guide me for any thing, i do what i have studied or learned in my previous company.. sometimes i have to bring a coffee for her and her friends, she always scold me for the mistake she has done...
Here i m working on 70% less salary, because i have got 7 months gap after my marriage and then only i came to Bangalore.. i don't have leaves for next one year because of her policies, she told me at the time of joining that we will give you hike with your confirmation after 3 months , but after 6 months still i am waiting for my confirmation she confirmed me on board, neither i got hard copy of my confirmation letter nor salary hike.. Rarely people speaks English here either in Kannada ,little Hindi or any other language.. i m feeling like i m lasting my knowledge here not learning anything.. i am searching for other job but cannot take a leave for interview...i am loosing my confidence, as well as command over English as you can see in this post!
please help me out for this and guide me, i am having 3years of experience of HR Generalist
Please suggest me something..
Thanks
Swaati
From India, Bangalore
Dear Swati, Pls contact me on my Cell-9886160934. i ll give you reference in bangalore Kind Regards, Manjunath
From India, Udupi
From India, Udupi
Dear all, It would be a great help if you may please brief me about the leave encashment procedure in an organization. Looking forward to your revert Thanks
From India, Jammu
From India, Jammu
Hi,
I have been out of job for the last one and half yrs due to health problem.I was working in Delhi in an it co. with hr generalist profile and drew 8k pm. Since i have recovered from my illness and trying for the job ,how much salary i can expect pm.Can i put my demand seeing my capability or compromise. Pls help.
From India, Bangalore
I have been out of job for the last one and half yrs due to health problem.I was working in Delhi in an it co. with hr generalist profile and drew 8k pm. Since i have recovered from my illness and trying for the job ,how much salary i can expect pm.Can i put my demand seeing my capability or compromise. Pls help.
From India, Bangalore
Hey Swati,
Its really hard to go through such days. But I would suggest that you stand for yourself and if you are really not in dire need of job right now, you leave this job and start searching afresh. Even if it means you are unemployed for another month. But settle for something which gives you a chance to contribute your learning and also gives you a chance to learn.
Even I got a gap of 11 months due to my courtship and marriage and location change from Aurangabad to Baroda.
I got a job recently as front desk executive alongwith Admin and HR. This is obviuosly deviating from my HR studies but helps me learn and also gives me chance to add something new to my work.
I wish you luck for your future job and hope you get what you deserve.
P.S. It's never too late! Stand up and Start afresh... (easier siad than done but give it a try girl!)
From India, Madras
Its really hard to go through such days. But I would suggest that you stand for yourself and if you are really not in dire need of job right now, you leave this job and start searching afresh. Even if it means you are unemployed for another month. But settle for something which gives you a chance to contribute your learning and also gives you a chance to learn.
Even I got a gap of 11 months due to my courtship and marriage and location change from Aurangabad to Baroda.
I got a job recently as front desk executive alongwith Admin and HR. This is obviuosly deviating from my HR studies but helps me learn and also gives me chance to add something new to my work.
I wish you luck for your future job and hope you get what you deserve.
P.S. It's never too late! Stand up and Start afresh... (easier siad than done but give it a try girl!)
From India, Madras
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PF Contribution on Leave Encashment - Clarification by EPFO.pdf
SC -PF judgment on No PF on Leave encashment.doc
EPFO Circular Leave Encashment.jpg