I work for a global engineering major's software development unit in India. I resigned and asked about leave encashment. The reply was that leave encashment is not possible during separation but only during retirement. I was wondering about the legality of this stand. Can I contest this decision with my company before I leave?
Thanks
From India, Chennai
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Thanks
From India, Chennai
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Which type of Leave you are talking about if it is EL/ Pl then it has to be encashed at the time of Separation. For other leaves company may have their own policy.
From India, Pune
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470From India, Pune
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Please refer to the Leave Policy. The policy defines the EL encashment and lapses, etc. In general, the unavailed EL/PL has to be encashed at the time of separation, whether it is resignation, termination, retirement, etc.
From India, Ahmadabad
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From India, Ahmadabad
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Leave Encashment Policies
Privilege Leave or Earned Leave is encashable at the time of separation, such as retirement or resignation. Sick Leave/Medical Leave is encashable only at the time of retirement. Normally, casual leave is not encashable.
Please take up the matter with the company.
From India, Mumbai
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Privilege Leave or Earned Leave is encashable at the time of separation, such as retirement or resignation. Sick Leave/Medical Leave is encashable only at the time of retirement. Normally, casual leave is not encashable.
Please take up the matter with the company.
From India, Mumbai
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Understanding Leave Encashment Rules in Tamil Nadu
First, check the leave and encashment rules in the Tamil Nadu Shop & Establishment Act. Most of the laws specifically provide for the encashment of unused leave upon resignation, termination, or retirement. You can copy that section and show it to the HR department of your company.
From India, Mumbai
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First, check the leave and encashment rules in the Tamil Nadu Shop & Establishment Act. Most of the laws specifically provide for the encashment of unused leave upon resignation, termination, or retirement. You can copy that section and show it to the HR department of your company.
From India, Mumbai
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PF Contribution on Leave Encashment - Clarification by EPFO.pdf
SC -PF judgment on No PF on Leave encashment.doc
EPFO Circular Leave Encashment.jpg