Hello, We are a private limited company in service sector. I need to know the loss pf pay policy for the same. We have 12 CLs and 6 SLs. Please guide. Thanks in advance.
From India, Bengaluru

Get a holistic view of Project Management that would cover modern tools & techniques →
Promoted: XLRI - Executive Development Program in Project Management for Senior Professionals (Explore Course)
You have indicated only CL & SL, how about Privilege or Earned Leave. Don't you have this classification? Pl.check that.
In most of the cases availing the 'Loss of Pay' (LoP) would arise only when either during the first year of service as there won't be any credit to the leave a/c as normally crediting to leave a/c is due only after one full year of service or they would have exhausted all types of leave of employees' leave a/c. Some employers allow proportionate leave during the first year in need for any emergency.
Loss of Pay Leave (popularly known as 'Leave Without Pay' -LWP) can be granted in either or all of the following circumstances:
1) Sickness or accident of self or family members and there is no sufficient leave available to the credit of employees.
2) Where there is no leave available in their leave a/c having been fully exhausted
3) To acquire certain qualification/training required in their career or post
4) Conversion of absenteeism or strike days as the case may be, as a special case etc.

From India, Bangalore
When employee availed all leaves and when he don't have leave balance we consider as LOP.
You need to refer state rules for crediting correct leaves in employees account. You have mentioned only SL & CL, but you have not mentioned EL/PL which is mandatory.
Feel free to get in touch with us for any assistance/ clarification.

From India, Bangalore
Thanks for you responses- Kumar.s. and Praveen Bhosale.
I need to know if CL and EL are mandatory as we have not come up with ELs for our employees. The problem is, employees want to avail more leaves apart from what we have given. So we need a cap for LoP.
Thanks in advance

From India, Bengaluru
Before answering this query pl.let us know what type of organisation yours and regd under what act, as what, meaning a factory or a shop and what type of operation/business. This is required to quote from appropriate act/rules.
From India, Bangalore

If you are knowledgeable about any 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.

Please Login To Add Reply →

About Us Advertise Contact Us Testimonials
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2021 CiteHR.Comô

All Material Copyright And Trademarks Posted Held By Respective Owners.
Panel Selection For Threads Are Automated - Members Notified Via CiteMailer Server