New to the Company: Can You Help Me Understand Our Leave Policy?

Dear Friends,

I am Chandra, a new joiner to this group, and I need your help to develop professionally. Can you help me understand the leave policy of the limited company? I am waiting for your valuable suggestions.

Thanks in advance.

Regards,
Chandra

Hi,

Limited or partnership... it has no bearing on your policies. Is yours a factory or an establishment? Accordingly, you need to follow:

Factory: Provides only for earned leave for every 20 days worked. No casual or sick leave is provided.

Establishments: 15 days of earned leave and 12 days of casual/sick leave are provided. There may be some modifications on this from state to state.

If you want more details, do write.

Siva

Dear Sir,

Please guide me about the leave policy for employees in a Limited Company. If an employee has his rest day on Sunday and does not work on Saturday and also fails to do so on Monday, is he entitled to the benefit of Sunday rest?

Keshav Kumar Saxena

Dear Sir,

Our company is a private limited company, and we want to form a leave policy. How many leaves are compulsory? How many PL, SL, CL? Our company comes under the Factory Act in Maharashtra at Aurangabad.

Looking forward to a response from you.

Regards,
Shradha Nalamwar
NESPAL Air Water Heater Pvt Ltd

Dear Mr. Siva, Thank you so much for your guidance. Sir, how do I differentiate between a factory and an establishment? Our company is registered under the Companies Act of 1956 and is a company limited by shares (as indicated in our memorandum). Does this mean our company is an establishment?

Yesterday, I read the Factories Act of 1948, which states that the entitled leaves for an employee who completes 240 days within the last year of their work period with the company are 8 PL, 8 CL, and 8 SL.

Can you please provide guidance on this?

Regards, Shradha Nalamwar

Dear Mr. Shiv,

In which book can I find state rules and modifications?

Regards,
Shradha Nalamwar