How Should IT Companies Handle Extra Public Holidays Impacting Billing Rates in 2008?

Hi All,

Generally, in companies, they provide 9 public holidays. However, in 2008, most of the festivals fall on weekdays, so 12 days of leave should be declared. In this case, mainly in IT companies (small and medium-sized), the billing rate will be impacted. What should be done in this situation? Kindly share your valuable suggestions.

Regards,
Kavitha

Hi dear,

As public holidays are falling on weekdays, nothing can be done. But if possible, make them aware of this as it may affect project completion. Please inform this to the heads and subordinates and see what they say.

Regards.

In our company, the policy states 10 declared holidays. Out of the 10, 2 are reserved for declaration during emergency situations like strikes, and the remaining 8 are given. National holidays are compulsory, and one holiday for each religious festival is provided. A meeting of all the project managers and HR is convened to decide on the holidays, and the decision is based on the majority vote.

Apart from the national holidays like Republic Day and Independence Day, let's allow for 7 holidays on festival days. These days should be chosen by individual employees at the beginning of the calendar year. This way, each employee can have a holiday on the days they choose, and the company can still operate on such days, albeit with fewer employees.

Jeroo

Hi Kavitha,

Your company would have intimated the Labour Inspector concerned about the particulars of festival holidays to be observed as a regular measure. The Labour Inspector would have approved it. His approval, once obtained, should be followed without deviation.

S. Krishnamoorthy

Dear Kavita,

You can still stick to your 9-day holidays schedule. You can declare five days as official holidays (only important festivals) and four days as optional holidays. Prepare a list of optional holidays that any person can choose, and once those four days are exhausted, no more optional holidays can be taken.

Here are the holidays for the State Government of Maharashtra for the year 2008 and the public holidays for the State of Maharashtra under the Negotiable Instruments Act for 2008. You can find more information at http://www.indianpublicholidays.com/maharashtra.htm.

Regards

Hi Kavitha,

The holiday list for 2008 has been declared in The Hindu during the second week of November. In my company, we are declaring 10 days of holiday which fall on weekdays, and 2 days fall on the weekend, totaling 12 days. It depends on the company which calendar they follow. In the US, they don't have leave for New Year, but we Indians do. So, it depends on the company and the management. Five days are mandatory leave, which includes Independence Day, Republic Day, Gandhi Jayanthi, Pongal, and Diwali. The rest is up to the management to declare leave or not.

Cheers,
Khushi