Dear All,
I have a query that whether leave encashment is calculated @ 26days or the month days. Is there any law pertaining to it?
Also acc. to factories act an employee can accumulate leaves for max of 30 days, can we encash leaves of 41days to an employee.
Is there any legal obligation for employer to encash leaves on a yearly basis or is it done at the time of exit?
Kindly reply with your feedback urgently.
warm Regards
Sumiksha Suri
I have a query that whether leave encashment is calculated @ 26days or the month days. Is there any law pertaining to it?
Also acc. to factories act an employee can accumulate leaves for max of 30 days, can we encash leaves of 41days to an employee.
Is there any legal obligation for employer to encash leaves on a yearly basis or is it done at the time of exit?
Kindly reply with your feedback urgently.
warm Regards
Sumiksha Suri