Is There provision in the shop act to encash leave on monthly basis. If yes please share details
Totally unheard of such leaves being encashed on monthly basis, it does not make any sense. Try to go through the state Shops & Establishment Act to get details.
Thanks and Regards
There is no provision for monthly encashment of leave as it destroys the very idea behind providing leave, that is providing the physical body its much-needed rest.
Dear Colleague,
The Maharashtra State Shop does not provide for monthly encashment of PL. But it requires encashment of balance PL on termination of employment.
Vinayak Nagarkar
HR- Consultant
There is no provision for leave encashment either in shop Act or factories Act. However accumulated leave can be encashed at the time on leaving the organization. Yet many companies do encash the every year subject to maximum of 30 days some time in begining of the year. However there is no provision for monthly encasement.
R R Kapoor
Add Reply Start A 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.Co™