Understanding Leave Policies in NBFC MFIs: How Many Days Should Employees Get?

Hi, I am working in an NBFC MFI as an Assistant Manager in HR. I would like to inquire about the leave policy at an NBFC MFI. Could you please provide information on the number of days of CL/EL/Sick/Privilege leave that should be granted to an employee in a calendar year? I would appreciate your assistance in developing the leave policy for my company.

Dear Nirmali,

You seem to be inquiring about the leaves entitled to an NBFC in the state of Assam. NBFCs are covered under the Shops and Establishment Act. As per the Assam Shops and Establishment Act, every employee is entitled to 16 EL, 6 CL, and 6 SL post completion of 12 months of continuous service in an establishment.

Regards,

Rahul Chhabra