hi, i have to calculate leaves and integrate it with the payroll process. please tell how to go about it, if possible, on an excel sheet. thanks and regards Alankrita
From India, Mumbai
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From India, Mumbai
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Dear All, I wanted to know that, as per shop & commercial establishment act, how much leaves employees can get ? Please reply
From India, Pune
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1From India, Pune
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Leave Entitlement Under the Shops and Commercial Establishment Act
The leave entitlement as per the Shops and Commercial Establishment Act varies from state to state, as each state has made its own rules. Normally, an employee who has worked for 240 days during a calendar year is entitled to annual leave (Earned Leave) with wages calculated at 1 day for every 20 days of work, to be availed during the subsequent calendar year.
With regard to National and Festival Leave, it is 8 days. In the case of Casual Leave (CL), it varies between 7 and 12 days.
Regards,
B.K. Mohanty
Cypress Management Associates
[Phone Number Removed For Privacy Reasons]
From India, Bhubaneswar
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The leave entitlement as per the Shops and Commercial Establishment Act varies from state to state, as each state has made its own rules. Normally, an employee who has worked for 240 days during a calendar year is entitled to annual leave (Earned Leave) with wages calculated at 1 day for every 20 days of work, to be availed during the subsequent calendar year.
With regard to National and Festival Leave, it is 8 days. In the case of Casual Leave (CL), it varies between 7 and 12 days.
Regards,
B.K. Mohanty
Cypress Management Associates
[Phone Number Removed For Privacy Reasons]
From India, Bhubaneswar
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Dear Member, i would like to know that after we calculate leaves, how we integrate it with salary calculation. Regards Alankrita
From India, Mumbai
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From India, Mumbai
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Leave Calculation Query
My problem is, in our company policy, we receive 24 earned leaves. These leaves are calculated based on PAYABLE DAYS, which include attended days, weekly offs, holidays, and leaves taken in the previous year. This means that when I take unpaid leaves, they are deducted from both my salary and my earned leaves for the following year. We receive the aforementioned earned leaves at the end of every year.
Please guide me, is this the right way to calculate leaves?
Regards,
Aditya
From India, Pune
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My problem is, in our company policy, we receive 24 earned leaves. These leaves are calculated based on PAYABLE DAYS, which include attended days, weekly offs, holidays, and leaves taken in the previous year. This means that when I take unpaid leaves, they are deducted from both my salary and my earned leaves for the following year. We receive the aforementioned earned leaves at the end of every year.
Please guide me, is this the right way to calculate leaves?
Regards,
Aditya
From India, Pune
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What I have understood from your notes is that for the calculation of earned leave, your company considers physical attendance days, weekly offs, paid holidays, and paid leaves, which I find to be acceptable. However, I fail to understand how unpaid leaves can be adjusted against accrued earned leave.
Please brief me a little more so that I can better understand your concern.
Regards,
B.K. Mohanty
Director
Cypress Management Associates
From India, Bhubaneswar
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Please brief me a little more so that I can better understand your concern.
Regards,
B.K. Mohanty
Director
Cypress Management Associates
From India, Bhubaneswar
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Dear Nirav, I appreciate your help. My company is launching an HRMS, and I have to outline the payroll process format. This requires demonstrating the integration of leaves taken by an employee with their salary. I need to prepare everything from scratch as I currently do not have a format to provide as an example.
Regards,
Alankrita
From India, Mumbai
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Regards,
Alankrita
From India, Mumbai
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SALARY SHEET CALCULATION.xls
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