Understanding Leave Entitlement in a Partnership Firm
I am working in a Partnership Firm and need information about the leave policy. The company has provided us with 20 paid leaves, but employees become eligible for these leaves after six months. Our leave year runs from January to December.
In this regard, I want to know if an employee joins in April, how many leaves will the employee be entitled to until December, and under which category the above-mentioned leave falls.
In the case where an employee joins in April and works on a probation period for six months, please let me know how many leaves they will be eligible for until December.
Thanks & Regards,
Sujata
From India, Pune
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10I am working in a Partnership Firm and need information about the leave policy. The company has provided us with 20 paid leaves, but employees become eligible for these leaves after six months. Our leave year runs from January to December.
In this regard, I want to know if an employee joins in April, how many leaves will the employee be entitled to until December, and under which category the above-mentioned leave falls.
In the case where an employee joins in April and works on a probation period for six months, please let me know how many leaves they will be eligible for until December.
Thanks & Regards,
Sujata
From India, Pune
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Understanding Earned Leave (EL) Calculation
PL is also called EL (Earned Leave). We have to work, and then based on the period, we earn leave, and the same leave will be credited to employees' accounts as an opening balance. In your case, since the employee has joined in April, you can calculate leave as 20 / 12 x 9 months = 15 days. The opening balance for next year can be shown as 15. In case the employee takes any leave during the current year as advance leave, then the balance will reduce further.
Regards,
BrainLight HR Solutions
From India, Mumbai
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PL is also called EL (Earned Leave). We have to work, and then based on the period, we earn leave, and the same leave will be credited to employees' accounts as an opening balance. In your case, since the employee has joined in April, you can calculate leave as 20 / 12 x 9 months = 15 days. The opening balance for next year can be shown as 15. In case the employee takes any leave during the current year as advance leave, then the balance will reduce further.
Regards,
BrainLight HR Solutions
From India, Mumbai
Acknowledge(1)Amend(0)
Thank you for your reply. In our case, if an employee joins in April, thereafter, the employee works on a probation period for 6 months. Please let me know how many leave days he will be eligible for up to December.
Thanks & Regards,
Sujata
M: [Phone Number Removed For Privacy Reasons]
From India, Pune
Acknowledge(0)Amend(0)
Thanks & Regards,
Sujata
M: [Phone Number Removed For Privacy Reasons]
From India, Pune
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Employee reference policy.doc