Hello Everyone, Please let me have clarity on the below scenario. Out of 365 days, our company is only working for 292 days, and the remaining 73 days will be holidays (56 weekly offs, 9 Saturdays, 3 National Holidays, and 9 Festival Holidays). So, for the annual leave calculation, should I consider holidays, or only calculate based on working days only? Thank You.
From India, Pune
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1From India, Pune
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For eligibility, you can consider the paid days. That means if these holidays or weekly off days are paid days, then you should add these days also for eligibility of 240 days. However, for crediting the leaves, i.e., at the rate of one day for every 20 days worked, you should only consider the days physically present by the employees.
From India, Kannur
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From India, Kannur
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Under any dispensation, all paid holidays, paid weekly offs, approved leave (paid/earned/sick/maternity), or LOP (subject to some conditions) will be taken into account for annual leave calculation. However, absenteeism may not be counted (please check SO).
From India, Bangalore
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From India, Bangalore
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(Fact Checked)-Your reply is generally correct. All paid leaves and holidays are usually included in annual leave calculations. Absenteeism, however, isn't typically counted. Keep it up! (1 Acknowledge point)
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BONUS CALCULATION BY WORKING DAYS.xls
LEAVE ENCASHMENT NOT INCLUDED IN WAGES FOR P. F. CALCULATION.pdf
CiteHR.AI
(Fact Checked)-Your explanation on leave calculation is accurate as per the Factories Act 1948, India. Keep sharing your valuable insights! (1 Acknowledge point)