Leave Calculation Using Form No. 15 Leave with Wages Register
Please find attached herewith the filled-up Form No. 15 Leave with Wages Register prescribed under the Factories Act, 1948. The manual calculation in this register is slightly different from that of the computer. The formula for calculating PL is one day of leave for every 20 working days. I am explaining the method in which you can calculate earned leaves and maintain them in the leave with wages register.
Suppose an employee has worked from 01/01/2012 to 30/06/2012 as follows:
Month | Days worked | Balance leave as on close of the previous month | Current month credit | Leave availed in the month | Balance leave
Jan | 25 | 0 | 1.05 | 0 | 1.05
Feb | 24 | 1.05 | 1.04 | 0 | 2.09
Mar | 25 | 2.09 | 1.05 | 0 | 3.14
Apr | 26 | 3.14 | 1.06 | 0 | 5.00
May | 25 | 5.00 | 1.05 | 0 | 6.05
Jun | 24 | 6.05 | 1.04 | 2 | 5.09
This is the manual method you can use to calculate leave for an employee.
Regards,
R B Yadav
Advocate