To the Seniors,
Please help me with all the following answers because our company is designing a leave policy for employees:
A. Pvt Ltd Company - Min & Max No of Leave/A Ltd Company - Min & Max No of Leave/A
B. Which types of leaves are encashable & what are the conditions of leave encashment in general? Please explain with examples.
C. For leave purposes, does Annum generally refer to the Calendar Year (1st Jan-31st Dec) or Financial Year (1st Apr-31st Mar)?
Seeking your guidance.
Regards, Mahua Biswas
From India, Calcutta
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3Please help me with all the following answers because our company is designing a leave policy for employees:
A. Pvt Ltd Company - Min & Max No of Leave/A Ltd Company - Min & Max No of Leave/A
B. Which types of leaves are encashable & what are the conditions of leave encashment in general? Please explain with examples.
C. For leave purposes, does Annum generally refer to the Calendar Year (1st Jan-31st Dec) or Financial Year (1st Apr-31st Mar)?
Seeking your guidance.
Regards, Mahua Biswas
From India, Calcutta
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A) i) 7 casual and 7 medical leaves for 1 year.
ii) One earned leave for every 20 working days.
B) Every earned leave for encashment generally requires 240 working days in a calendar year for a person and should be paid before the 31st of January of the next year.
C) The calendar year must refer to January 1st to December 31st.
From India, Faridabad
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ii) One earned leave for every 20 working days.
B) Every earned leave for encashment generally requires 240 working days in a calendar year for a person and should be paid before the 31st of January of the next year.
C) The calendar year must refer to January 1st to December 31st.
From India, Faridabad
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COM102 Annual Leave Policy 2009.doc
Leave Encashment Policy.pdf