Understanding Casual and Earned Leave: What's the Minimum Payable and Accumulation Cap?

What is the minimum payable casual and earned/privilege leave? Is there any cap on accumulation of privilege leave?

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Dear Sender,

CL cannot be encashed and may vary from company to company. Only EL can be encashed. There is a ceiling for the accumulation of EL.

Regards,
L. Kumar

Dear CL & SL cannot be encashed or accumulated. However, PL can be encashed and accumulated for up to 3 years (variable). In this regard, I am sending you a leave policy. If you require any other assistance, feel free to ask me.

Regards,
Shahzad

Dear Salbins,

Earned Leave calculation

The Factories Act 1948 states:

Every worker who has worked for a period of 240 days or more in a factory during a calendar year shall be allowed, during the subsequent calendar year, leave with wages for a number of days calculated at the rate of:

(i) if an adult, one day for every twenty days of work performed by him during the previous calendar year; provided that the total number of days of leave that may be carried forward to a succeeding year shall not exceed thirty in the case of an adult or forty in the case of a child.

Casual Leave (CL) and Sick Leave (SL) can be granted by the management, but there is no specific rule for CL and SL.

Regards,
Alphonse 😂😂😂
GT-Electronic

I am working in a hotel in the HR department. My company has decided on 18 paid leave and 12 casual leave. Please help me with how to create a register for PL and CL or how to calculate them. This hotel opened 9 months ago.

Thanks,
HKT.

Would you please answer my question with proper legal documents (i.e., rules and regulations of a limited company) for support?

Question on Paid Leave Policy

In recent developments in our company, the HR management decided and amended that paid leave (30 days as eligible) cannot be carried forward to the next financial year. All employees have to consume 30 days within that year itself. In any case not consumed, paid leave (PL) shall not be accounted for accumulation and shall expire the remaining days of unused leave.

Therefore, could you please inform me if there is any such rule for public limited (MNC) companies regarding carrying forward PL to the next financial year in case of not being fully utilized (i.e., balance unused PL)? Also, kindly explain the PL accumulation limit as per the standard rules.

Thank you.