Calculating Earned Leave (EL) for 2013
HR fraternities, please help me in calculating EL for the year 2013. My company (a Partnership firm) comes under the Tamil Nadu Shops and Establishment Act, 1947. As per the company policy, we are eligible for 15 days of EL and 7 days of SL with no CL. I have taken 5 days of SL from 01.12.13 to 05.12.13 only. The HR manager calculates and says that I am eligible for 14 days of encashment only for this year. Kindly clarify if it is 14 days or 15 days of leave encashment for me, since I have 2 more SL credits this year and have not used any EL this year.
Thanks and Regards,
Saravana Prakash
From India, Chennai
Acknowledge(0)
Amend(0)
HR fraternities, please help me in calculating EL for the year 2013. My company (a Partnership firm) comes under the Tamil Nadu Shops and Establishment Act, 1947. As per the company policy, we are eligible for 15 days of EL and 7 days of SL with no CL. I have taken 5 days of SL from 01.12.13 to 05.12.13 only. The HR manager calculates and says that I am eligible for 14 days of encashment only for this year. Kindly clarify if it is 14 days or 15 days of leave encashment for me, since I have 2 more SL credits this year and have not used any EL this year.
Thanks and Regards,
Saravana Prakash
From India, Chennai
Acknowledge(0)Amend(0)
Calculation of Earned Leave (EL)
EL is always calculated based on the working days of any particular employee. You cannot fix it.
Upon completing the financial year, a Leave Book for the new year is prepared, and at that time, EL is credited to the Leave Card for the new year. For every 20 days worked, 1 EL is calculated.
I hope this information proves helpful to you.
Regards,
From India, Delhi
Acknowledge(1)Amend(0)
163EL is always calculated based on the working days of any particular employee. You cannot fix it.
Upon completing the financial year, a Leave Book for the new year is prepared, and at that time, EL is credited to the Leave Card for the new year. For every 20 days worked, 1 EL is calculated.
I hope this information proves helpful to you.
Regards,
From India, Delhi
Acknowledge(1)Amend(0)CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
Tamil-nadu-shop s-and-establish ments-act-1947. pdf