I have a small software company registered in Gujarat. The company employs fewer than 10 people who work from home. They have Saturdays and Sundays off, along with 8 mandatory national holidays and 2 optional minority holidays.
Leave Policy for a Small Software Company
What should be my leave policy? Is the encashment of leaves at the time of termination mandatory under the law? I have read that most companies offer 12 casual leaves + 12 earned leaves per year (1 day off for every 20 working days), but many sources mention that leave encashment is not mandatory. Please advise.
From Canada, Vancouver
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Leave Policy for a Small Software Company
What should be my leave policy? Is the encashment of leaves at the time of termination mandatory under the law? I have read that most companies offer 12 casual leaves + 12 earned leaves per year (1 day off for every 20 working days), but many sources mention that leave encashment is not mandatory. Please advise.
From Canada, Vancouver
Acknowledge(0)Amend(0)
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The Gujarat Shops And Establishments (Regulation Of Employment And Conditions Of Service) Act, 2.pdf
TAMILNADU SHOPS AND EStt.Act.Leave Rules.docx