Manojkamble
Sr. Hr Executive
Bharat Gera
Principal Hr Consultant
Mansi Negi
Hr Assistant
+1 Other

Thread Started by #Mansi Negi

Dear Sir/Mam, Greeting!!
I want to know about the leave encasement, that how many leaves we can encase at the time of full and final statement.
Is it mandatory to encash remaining leaves at the time of full n final?
Thanks & Regards,
Mansi
10th August 2017 From India, Delhi
Dear Mansi,
Yes, it is mandatory to pay encashment at the time Full and Final but the number of leaves may vary as per state. That means for eg. if the employee has 180 days balance then you may encash complete 180 days of the maximum accumulation limit prescribed by the state govt. Please note, you need to adopt same policy for all the employees.
10th August 2017
Yes it is mandatory. You may have an option of not enchashing leave while employee is in service, unless you refuse a leave request. However, at the time of resignation, termination or retirement you must compulsorily encash balance leave as per shop and establishment act of the concerned state. Also, this rule is applicable across levels and does not differentiate between workman and supervisor.
11th August 2017 From India, Mumbai
Only earned leave to be encashed.
14th August 2017 From India, Thane
Manojkamble
Thanks for suggestion
Dear Sir,
Greeting!!
Thank you for giving such a good reply
I was asking because there is an employee in our company how did something wrong so that he terminated.
Usually we take only 45 leave of an employee for the time of full & final, rest of leave we incased yearly but I want to ask that can we incased more than 45 leave, less than 45 leave or if we didnít do any encashment itís also okay.
There is any website where I can take a documents which is prove of the leave encashment because my boss wants prove that why we do leave encashment
25th August 2017 From India, Delhi
Reply (Add What You Know) Start New Discussion

Cite.Co - is a repository of information created by your industry peers and experienced seniors. Register Here and help by adding your inputs to this topic/query page.
Prime Sponsor: TALENTEDGE - Certification Courses for career growth from top institutes like IIM / XLRI direct to device (online digital learning)





About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service



All rights reserved @ 2019 Cite.Coô