Understanding IT Industry Contracts & Leave Policies Impact on Billing

Hi,

We have deployed our IT consultants at one of our clients. We provide 1.5 days of leave to our consultants, but we have signed a contract with our client where they only pay us for the days worked. Consequently, we are losing out on billing. Additionally, when our consultants take extra leave, we not only lose 1.5 days but also the additional days they take off, impacting our billing to the client.

Could anyone inform me about how contracts are typically structured in the IT industry regarding leaves?

Regards,
Mahesh

Dear Mr. Mahesh,

Please find the attached file.

Regards,
RAJNISH SAPRA

Thank you very much. The document is really helpful to us. Also, if you could let me know if you have any insight on the contract side, i.e., does the client pay for the leaves, or is it usually factored into the man-month rates.

Thanks once again