Hi All,
Please help me out. I work in a IT Company> its a small one with no HR. So i cant consult any one rather than questioning my busy boss. I am a novice in all these leave policies and dont know the exact laws and what benit i must be getting as per law so far leaves are concerned.
Could you please help me out understanding (i have lots of questions and doubts ) the leave rules as per our Comapny's Pro-rata basis.
Please rectify my doubts and notify me where i am going wrong in order to search for some rest from work.
Rules we follow:
1. In a year 13 Festive Holidays.
2. No SL, ML or other *L.
3. WeeklyHoliday - 1 (Sunday) i.e. 6 Working days a week (** But we need to earn these Weekly Holidays as per the Formulae below)
** Weekly Paid Holidays :
Calculation :
1. We earn WEEKLY HOLIDAY as per pro-rata basis. The formula is : On Each Month :
Earned Weekly Holidays = No.Of Sundays/No.of TotalWorkingDays * Total DaysPresent
Sample Data :
Apr-2008 -- 26(TotalWorkingDays)-----24(TotalDaysPresent)---4(sundays)--2--(Absent) -- 4/26=0.15 ---- 0.15*24=3.85
So Instead of 4 Weekly Holidays (sundays) i get 3.85 Weekly Holidays. But i cant work for the 4.00-3.85 = 0.15 on sunday. Hence, i get a nominal without pay if 0.15 from my SALARY.
Please verify if it is ok. I am not expecting much. But the message i receive underlying in this POLICY is that "I CANT TAKE ANY LEAVE IN A MONTH". IF I TAKE ONE DAY LEAVE I WILL BE TAXED!!!! What ever nominal be it.":confused:
But Please Read ON because i would like to relate this earned Weekly Holiday With Earned Paid Leave :
RULE : 1 Paid Earned Leave per 12 days. ( Remember here that this is the only leave that we get, we dont have SL. CL etc.etc.)
So taking again the above data as i worked for 24 days i have eared 2 Leaves:
24/12 = 2
which i have spent also taking leave (which i termed as absent for ease of understanding)
NOW: What balance remains in my hand ?
I have Enjoyed 4 Sundays(our company does not keep office open on sundays) + 2 ELs ====== 6
I have earned 3.85+2 = 5.85 .
So, i am taxed 0.15 from my salary.
This seems nominal but in 12 months if i keep on taking 2 leaves in each month (those who HAD Invented calendars keeps many months with 5 Sundays, and at least 1 month in India with lots of Festive Holidays - where we are more taxed !!) it sums up to :
-5.03
Please refer to the attached XML file. (in a zip file)
My doubts :
If you analyze the data properly you would see that :
a) We are bound to take the Sundays physical holiday. We cant work for some .15/4 day each sunday coming to office to conemnsate the .15. So, this is getting balanced from the earned Leave.
b) Why should the "Paid Earned Leaves" be taxed? This is what i have earned working 24 days!!!!!
*** I feel that the calculation of "Earned Weekly holiday" must not take the "Earned Leaves" into account. This is what making the mess i feel.
1. If i would like to get full payment without any deduction of without-pay in 1 year the maximum no of leaves that i can take in a Year is around 20. (please use the attached xls sheet to test this). So, in a 365 days Year i need to work for 365-(20+13+52) = 280 days. MY QUERY is this conducive to Enployee's Health and properly supply ample refreshment where he has to work atleast 50 hours a week. (this i also question - because someone said that Law says that the maximum limit is 48 hours in a week - Is it true? Could any one send me any reference?)
2. *** Does standard pro-rata calculation provide this kind of calculation of Weekly Holidays? Is there any law of pro-rata calculation? can any one post me a reference to some company's policy with this kind of EARNED Weekly holiday ?
3. *** This setup only encourage enployees to come to work, in fear that even 1 day's leave can hamper their salary. Is this OK? I am not i a querrelling mood. But, i must need to understand it, react to it if do not understand it properly else accept it as its a fate of an employee. Just need t get some expert opinion.
Please do not answer "dude you are asking too much from our employer!" or "baby! this is it!accept!".
I would like someone who can take some time out of his/her precious time and answer to my queries (not in one liner).
Please help me out. I work in a IT Company> its a small one with no HR. So i cant consult any one rather than questioning my busy boss. I am a novice in all these leave policies and dont know the exact laws and what benit i must be getting as per law so far leaves are concerned.
Could you please help me out understanding (i have lots of questions and doubts ) the leave rules as per our Comapny's Pro-rata basis.
Please rectify my doubts and notify me where i am going wrong in order to search for some rest from work.
Rules we follow:
1. In a year 13 Festive Holidays.
2. No SL, ML or other *L.
3. WeeklyHoliday - 1 (Sunday) i.e. 6 Working days a week (** But we need to earn these Weekly Holidays as per the Formulae below)
** Weekly Paid Holidays :
Calculation :
1. We earn WEEKLY HOLIDAY as per pro-rata basis. The formula is : On Each Month :
Earned Weekly Holidays = No.Of Sundays/No.of TotalWorkingDays * Total DaysPresent
Sample Data :
Apr-2008 -- 26(TotalWorkingDays)-----24(TotalDaysPresent)---4(sundays)--2--(Absent) -- 4/26=0.15 ---- 0.15*24=3.85
So Instead of 4 Weekly Holidays (sundays) i get 3.85 Weekly Holidays. But i cant work for the 4.00-3.85 = 0.15 on sunday. Hence, i get a nominal without pay if 0.15 from my SALARY.
Please verify if it is ok. I am not expecting much. But the message i receive underlying in this POLICY is that "I CANT TAKE ANY LEAVE IN A MONTH". IF I TAKE ONE DAY LEAVE I WILL BE TAXED!!!! What ever nominal be it.":confused:
But Please Read ON because i would like to relate this earned Weekly Holiday With Earned Paid Leave :
RULE : 1 Paid Earned Leave per 12 days. ( Remember here that this is the only leave that we get, we dont have SL. CL etc.etc.)
So taking again the above data as i worked for 24 days i have eared 2 Leaves:
24/12 = 2
which i have spent also taking leave (which i termed as absent for ease of understanding)
NOW: What balance remains in my hand ?
I have Enjoyed 4 Sundays(our company does not keep office open on sundays) + 2 ELs ====== 6
I have earned 3.85+2 = 5.85 .
So, i am taxed 0.15 from my salary.
This seems nominal but in 12 months if i keep on taking 2 leaves in each month (those who HAD Invented calendars keeps many months with 5 Sundays, and at least 1 month in India with lots of Festive Holidays - where we are more taxed !!) it sums up to :
-5.03
Please refer to the attached XML file. (in a zip file)
My doubts :
If you analyze the data properly you would see that :
a) We are bound to take the Sundays physical holiday. We cant work for some .15/4 day each sunday coming to office to conemnsate the .15. So, this is getting balanced from the earned Leave.
b) Why should the "Paid Earned Leaves" be taxed? This is what i have earned working 24 days!!!!!
*** I feel that the calculation of "Earned Weekly holiday" must not take the "Earned Leaves" into account. This is what making the mess i feel.
1. If i would like to get full payment without any deduction of without-pay in 1 year the maximum no of leaves that i can take in a Year is around 20. (please use the attached xls sheet to test this). So, in a 365 days Year i need to work for 365-(20+13+52) = 280 days. MY QUERY is this conducive to Enployee's Health and properly supply ample refreshment where he has to work atleast 50 hours a week. (this i also question - because someone said that Law says that the maximum limit is 48 hours in a week - Is it true? Could any one send me any reference?)
2. *** Does standard pro-rata calculation provide this kind of calculation of Weekly Holidays? Is there any law of pro-rata calculation? can any one post me a reference to some company's policy with this kind of EARNED Weekly holiday ?
3. *** This setup only encourage enployees to come to work, in fear that even 1 day's leave can hamper their salary. Is this OK? I am not i a querrelling mood. But, i must need to understand it, react to it if do not understand it properly else accept it as its a fate of an employee. Just need t get some expert opinion.
Please do not answer "dude you are asking too much from our employer!" or "baby! this is it!accept!".
I would like someone who can take some time out of his/her precious time and answer to my queries (not in one liner).
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