Leave Policy Overview
Dear Friends, please see the attachment for a simple Leave Policy. As you are aware, there is no specific leave policy as per the Acts. However, as HR professionals, we have to frame the leave procedures, which will be useful to all employees in the organization, and get approval from the Management. While seeking approval from the management, we need to explain the benefits to both the employees and the Management.
If the Earned Leaves or Paid Leaves accumulate abnormally, these leaves will be given to the employee upon leaving the service. At that time, his salary may be high, and paying the leave balance amount can be a burden to the Management. Therefore, some leaves will be retained by the Management (e.g., 60 or 30 days). Any excess will be encashed every year in January, ensuring employee satisfaction.
Regards,
P.B.S. Kumar
Dear Friends, please see the attachment for a simple Leave Policy. As you are aware, there is no specific leave policy as per the Acts. However, as HR professionals, we have to frame the leave procedures, which will be useful to all employees in the organization, and get approval from the Management. While seeking approval from the management, we need to explain the benefits to both the employees and the Management.
If the Earned Leaves or Paid Leaves accumulate abnormally, these leaves will be given to the employee upon leaving the service. At that time, his salary may be high, and paying the leave balance amount can be a burden to the Management. Therefore, some leaves will be retained by the Management (e.g., 60 or 30 days). Any excess will be encashed every year in January, ensuring employee satisfaction.
Regards,
P.B.S. Kumar
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