Cite.Co is a repository of information and resources created by industry seniors and experts sharing their real world insights. Join Network
Hi
Can anyone help me in Comp Off and Reimbursement Policy:-
1) Comp Off who all can avail, when it can be avail, can it be avail in place of leave, can it be avail before or after or in place of week off, can it be carry forward to next month.
2) Reimbursement of vouchers, Transportation, if any staff is staying back at office after the office timings what kind of benefits or reimbursement can be given to an employee.

COMPENSATORY OFF

INTRODUCTION

1. Individuals at times are called upon to work on holidays and weekly off. The management is desirous of compensating for such extra work and consequently, these rules are being framed.

2. These rules will facilitate the grant, monitoring and provision of "Compensatory Off" (as applicable)

ELIGIBILITY:

3. All employees are eligible for Compensatory Off.

COMPUTATION:

4. On holiday or Weekly off the Compensatory Off will be computed as under:

1. Be actually working for a minimum of 4 hours on a declared holiday.

2. After working for 4 Hours, he will be entitled to total period worked for compensatory off.

3. Traveling time to & fro from Residence will be excluded, while computing total hours for compensatory off.

5.

1. Eight hours will constitute one full working day.



AVAILING OF COMPENSATORY OFF:

6. Individual can avail compensatory off only on the basis of its being pre-sanctioned.

7. Not more than 3 days compensatory off can be availed at a time.

8. While on compensatory off, weekly off and paid Holidays will be excluded for computation.

ACCUMULATION:

If employee does not avail the Compensatory Off accumulation within that year, then all Compensatory off leaves accumulated during that year shall automatically lapse. No further compensation will be given to the concerned employee.

Ur most welcome ,
i dont have much idea about it...
but as per my knowledge and understanding
it is compensation paid (to someone) for damages or losses or money already spent etc.; eg:-"he received reimbursement for his travel expenses"
this also includes medical,travel,etc,....

hi Varsha. good Morning i have one doubt can u hlp me in that.. " The over time is also applicable for Peon and Office Assistants"
hi i have one doubt i have not taken comp off leave past 7 year but accumulate but now i have 90days for comp off if elgible get leave or lapse or Reimbursement kindly give a suggestion
This discussion thread is closed. If you want to continue this discussion or have a follow up question, please post it on the network.
Add the url of this thread if you want to cite this discussion.






About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service



All rights reserved @ 2020 Cite.Co™