Hi
I have been working with a large organisation. A few months back the company revised their leave policy.
According to the new policy no further PLs will be given to employees and the total PLs accumulated till date have been locked.
Now the employee can neither take these leaves nor can he encash them.
These accumulated leaves will be encashed in four installments ie. 25% leaves will be encashed at the end of the current financial year and other three installments in the coming three years; 25% in each year.
Now if an employee resigns from his job, his accumulated PLs will not be encashed and stands lapsed.
Please let me what law says , if someone resigns, is he entitled to get cash for the PLs he has earned in his total past work with the organisation?
Can any organisation do such thing, like not giving the benifit of past work to the employee?
What is the remedy for this?
Regards.
Ravi Bharati
I have been working with a large organisation. A few months back the company revised their leave policy.
According to the new policy no further PLs will be given to employees and the total PLs accumulated till date have been locked.
Now the employee can neither take these leaves nor can he encash them.
These accumulated leaves will be encashed in four installments ie. 25% leaves will be encashed at the end of the current financial year and other three installments in the coming three years; 25% in each year.
Now if an employee resigns from his job, his accumulated PLs will not be encashed and stands lapsed.
Please let me what law says , if someone resigns, is he entitled to get cash for the PLs he has earned in his total past work with the organisation?
Can any organisation do such thing, like not giving the benifit of past work to the employee?
What is the remedy for this?
Regards.
Ravi Bharati