Confused About Earned Leave Calculation for 2013? Need Clarification on Leave Encashment!

acsprakash
Calculating Earned Leave (EL) for 2013

HR fraternities, please help me in calculating EL for the year 2013. My company (a Partnership firm) comes under the Tamil Nadu Shops and Establishment Act, 1947. As per the company policy, we are eligible for 15 days of EL and 7 days of SL with no CL. I have taken 5 days of SL from 01.12.13 to 05.12.13 only. The HR manager calculates and says that I am eligible for 14 days of encashment only for this year. Kindly clarify if it is 14 days or 15 days of leave encashment for me, since I have 2 more SL credits this year and have not used any EL this year.

Thanks and Regards,

Saravana Prakash
bcarya
Calculation of Earned Leave (EL)

EL is always calculated based on the working days of any particular employee. You cannot fix it.

Upon completing the financial year, a Leave Book for the new year is prepared, and at that time, EL is credited to the Leave Card for the new year. For every 20 days worked, 1 EL is calculated.

I hope this information proves helpful to you.

Regards,
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