In our company leave rule is 7 sl & 7 cl, leave according to calender year, my question is that if some one join on 19 june and another one join 11 june than how will we calculate his leave
From India, Faridabad
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From India, Faridabad
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I also have the same query. I joined in May 2010. According to the leave policy of the company, every employee can avail 8 CL & 5 ML annually. I have availed 3 leaves till September. Now, please tell me how the remaining leaves can be calculated?
From India, New Delhi
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From India, New Delhi
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It's always done on a pro-rata basis, as Ijalab mentioned. When it's 7 CLs per annum, the monthly eligibility is 7/12 = 0.6 days per month. Just multiply that by the number of months you have been in service, rounding off to the nearest whole number or digit.
Regards,
TS
From India, Hyderabad
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1650Regards,
TS
From India, Hyderabad
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It's always done on a pro-rata basis, as Ijalab mentioned. When it's 7 CLs per annum, the monthly eligibility is 7/12 = 0.6 days per month. Just multiply by the number of months you have been in service, rounding off to the nearest whole number/digit.
Question on Leave Calculation
Now, I have to ask one thing: if the annual leave is 14 (7 CL & 7 SL), and someone joins on 14 May and another joins on 24 or 27 May, meaning 4 months have passed, in the 5th month they have joined, will both get (14/12 * 8) 4.5 CL & 4.5 SL, or is there any other calculation? Please solve.
Regards,
TS
From India, Faridabad
Acknowledge(0)Amend(0)
Question on Leave Calculation
Now, I have to ask one thing: if the annual leave is 14 (7 CL & 7 SL), and someone joins on 14 May and another joins on 24 or 27 May, meaning 4 months have passed, in the 5th month they have joined, will both get (14/12 * 8) 4.5 CL & 4.5 SL, or is there any other calculation? Please solve.
Regards,
TS
From India, Faridabad
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LEAVE ENCASHMENT NOT INCLUDED IN WAGES FOR P. F. CALCULATION.pdf
Method of calculation of wages.doc