can someone help me regarding el issues, i am personnel officer in exports company , i want to know that if i will pay el in f&f on basic salary . Is it right or not or which salary applicable for el gross or basic
From United States, Chicago
El is always calculated on basic and VDA.The formula is Basic and VDA/26*No. of Earned Leave. Regards-Ganesh Asst. Manager-H.R
From India, Jamshedpur
It is not clear from your query whether you are having your oqn leave policy and if so whethr thesiad policy is silent on this aspect or whether you are following the one in the Facatories Act or Shops Act. Howevr, in my view, in the absence of any policy on this is subejct, you have to include all componenets of the salary except tose which like bonus or over time which are not uniforml and not universally payable to all employees.
B.Saikumar
HR & Labour Law Advisor
Mumbai

From India, Mumbai

If you are knowledgeable about any fact, resource or experience related to this topic - please add your views using the reply box below. For articles and copyrighted material please only cite the original source link. Each contribution will make this page a resource useful for everyone.

Please Login To Add Reply






About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service





All rights reserved @ 2021 Cite.Co™

All Material Copyright And Trademarks Posted Held By Respective Owners.
Panel Selection For Threads Are Automated - Members Notified Via CiteMailer Server