Dear Team, One of my employee is demanding PL encashment after completing 1 year of his relieving of company. As per our company policy employee cannot encash his balance PL at any cost neither he can use it against your notice period. Now he is threatening me with labor law.
I want to know that is it compulsory to encash Pl to managerial level employees as per Factory Act or shop and establishment act, if yes then in which section and act, my head office is in Mumbai, Please help.
Thanx & Regards,
HRD.
I want to know that is it compulsory to encash Pl to managerial level employees as per Factory Act or shop and establishment act, if yes then in which section and act, my head office is in Mumbai, Please help.
Thanx & Regards,
HRD.