Hi, Can you pls tell me what is the Maximum PL/EL which can accumulated by a employee per annum basis. Pls provide me data state wise Regards, Indu
From India, Bangalore
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7From India, Bangalore
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In my company, you can accumulate PL (Paid Leave) up to 50 days. After that, it gets encashed at the end of the financial year. However, there is a limitation for the encashment: only leaves above 42 get encashed, and 42 leaves are carried forward to the next year.
From India, Thana
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From India, Thana
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Hi pushparj, Thanks for your reply. in my organisation maxmium accumulation of EL is 30 days for an year. but i wanted to know is there any rule by the govt that this much EL can be accumulated???
From India, Bangalore
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From India, Bangalore
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Dear Indu, Under which of the Act you are interested in getting this detail of EL/PL. With Regards, R.N.Khola
From India, Delhi
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From India, Delhi
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Hi, Total EL entitlement per year is 30. Out of 30 we need to use 50% and 50% will be carry forwarded to next year. So only 15 EL will be carry forwarded. Regards, Krinesh.
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The PL/EL (Privilege Leave and Earned Leave) are the same as per the act. For every 20 days you work, you will be provided with 1 day of earned leave. So, in a year, it is 18 days per year and it is encashable. The unused PL/EL can be carried forward to the next year, and the capping depends on the company policy, which may be a maximum of 30 days or 45 days.
Regards,
Hombal
From India, Bangalore
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Regards,
Hombal
From India, Bangalore
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Dear Indu, Plz go with attachment. It will provide u better clarity to understand the leave policy. Thanks & rgds J.Prakash 9319861800
From India, Dehra Dun
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From India, Dehra Dun
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can any body tell me when emloyee get leave benifit, immediate after joining or after confirmation... can trainee get leave benifit, Regards HR Thejas
From India, Hyderabad
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From India, Hyderabad
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Every company has different rules about it. Please refer to the Leave manual of the organization. You can refer to the Shops & Establishment Act and Factories Act for further inputs on the matter.
In most cases, the PL (Privileged Leave) / EL (Earned Leave) is linked to the length of service in the organization and is credited to the employee after completion of one year of service. The Factories Act states that the individual should have been present for a minimum of 240 days to become eligible for EL.
Regards
From India, Jamshedpur
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In most cases, the PL (Privileged Leave) / EL (Earned Leave) is linked to the length of service in the organization and is credited to the employee after completion of one year of service. The Factories Act states that the individual should have been present for a minimum of 240 days to become eligible for EL.
Regards
From India, Jamshedpur
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Dear Indu, I do agree with Hombal coz in my company maximum limit of EL/PL accumulation is 75. It is purely based on your HR strategy and company policy.
From India
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From India
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Earned Leave Accumulation and Encashment
As per the Sales Promotion Employees Act of 1976, Sec. 14, Earned Leave can be accumulated for 180 days, of which the employee can avail themselves for 90 days at a time.
The encashment of leave is possible after 120 days.
Regards,
J.N. Modi
From India, New Delhi
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As per the Sales Promotion Employees Act of 1976, Sec. 14, Earned Leave can be accumulated for 180 days, of which the employee can avail themselves for 90 days at a time.
The encashment of leave is possible after 120 days.
Regards,
J.N. Modi
From India, New Delhi
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Dear sir,
If a small company (SSI) operating as a partnership wants to introduce a leave policy after 4 years of establishment, how should the leave policy be implemented? How is the earned leave calculated? Is it based on the current year or past years? Please clarify.
Suresh
From India, Bangalore
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If a small company (SSI) operating as a partnership wants to introduce a leave policy after 4 years of establishment, how should the leave policy be implemented? How is the earned leave calculated? Is it based on the current year or past years? Please clarify.
Suresh
From India, Bangalore
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Dear Indu The EL / PL accumulation policy is purely depends on the company description, if company wants to give benefits to the employee, depends on the PL alloted per year
From India, Bangalore
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From India, Bangalore
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Hello Everyone, Can anybody share, what should be the leave policies applied in startup IT company????
From India, Delhi
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From India, Delhi
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Dear All,
Up to 3 years, your earned leaves can be carried forward, but not your other leaves. At the end of 3 years, your EL will lapse. As per labor law, you can encash a maximum of 30 EL on your basic pay, not on gross pay. It completely depends on the company/employer whether they want to adopt this policy. However, I couldn't find anywhere that based on skills (workers & management), leave encashment will also vary.
From India, Delhi
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Up to 3 years, your earned leaves can be carried forward, but not your other leaves. At the end of 3 years, your EL will lapse. As per labor law, you can encash a maximum of 30 EL on your basic pay, not on gross pay. It completely depends on the company/employer whether they want to adopt this policy. However, I couldn't find anywhere that based on skills (workers & management), leave encashment will also vary.
From India, Delhi
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Dear Member,
If encashment of the amount of EL is within your purview, then who will object to you? But if the employer is to encash the amount of outstanding ELs, then he will review his policy or examine the applicable Act and see the maximum number of ELs that can be allowed to be accumulated.
R N KHOLA
From India, Delhi
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If encashment of the amount of EL is within your purview, then who will object to you? But if the employer is to encash the amount of outstanding ELs, then he will review his policy or examine the applicable Act and see the maximum number of ELs that can be allowed to be accumulated.
R N KHOLA
From India, Delhi
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