Dear member , Does number of leaves alloted vary with amount of basic pay amount? Regards, Nikhil Sharma, Jaipur
From India, Delhi
No.
Number of leaves is usually granted by taking into consideration the bare minimum leaves stated by the shops and establishment act or factories act or other act suitable to the company.
Note that the maximum number of leaves granted by the company should be in compliance with such number.
Now say for ex, as per the act you are to give 21 leaves to your employees per annum. The year for this purpose is usually calender year (Jan-Dec)
Now if someone joins in the mid year, the eligible leaves for the person won't be 21 but will be on pro-rata basis.
i.e. 21/12 * (no. of months he'd serve in the year)
Hope this clarified your doubt.

From India, Mumbai
How to design salary structure if gross salary is Rs 14000 per month? Regards, Nikhil Sharma
From India, Delhi
Hello nikhil,
Please refer to
1) https://www.citehr.com/210625-salary...ct-labour.html
2) https://www.citehr.com/59559-ctc-details.html
3) https://www.citehr.com/342888-differ...alary-net.html
Project your working according to the percentage contributions and then we can work together for any minute changes in the structure...
The only reason I asked you to do is it will help you gain confidence...

From India, Mumbai

If you are knowledgeable about any other 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.






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