I have an employee who have availed his PL out of which 0.77 is remaining. We have 20 leaves per calender year.
From India, Pune
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From India, Pune
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How did the balance come to a fraction of half a day? Normally, PL is availed in days, and even a half-day is not permitted. It is okay if you permit half-day PL, but I have never seen employees taking a quarter day or hour-based PL!
Regards,
Madhu.T.K
From India, Kannur
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4526Regards,
Madhu.T.K
From India, Kannur
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Good afternoon, Zamarrud. I have seen your post. You may take that into consideration as per your company's leave policy and industrial standards where you are working.
You said, "We have 20 leaves per calendar year."
Situation 1:
I hope you are crediting leaves in the employee's account on a monthly basis (20 leaves / 12 months = 1.67 leaves per month).
Answer for Situation 1: If the above procedure is what you are doing, then at any point in time, the employee may have 0.67 leaves in balance. In some industries like IT, the salary calculation is done on an hourly basis. So, it may be possible that leaves can be taken into consideration for a full day leave <1>, half-day leave <0.5>, or quarter leave <0.25> or quarter working <0.75 leave>.
So, you may adjust the 0.77 as per your standard. You may convert it into half-day <0.5> or quarter working <0.75> leave.
Situation 2:
If you are crediting all leave at the start of the calendar year, then it will be a monetary loss to the company.
Example: If an employee joins on 1st Jan. and you give 20 leaves to him/her. Due to any reason if the employee resigns after six months (before the end of the calendar year) and he/she has availed all 20 PLs, then it's a clear loss to the company of (1.67 x 6 = 10.02) PL approximately. (To PL = I consider paid leave).
Even, shops and establishment rules say,
"Section 35: Leave [(1) (a) Subject to the provisions of clause (b), every employee who has been employed for not less than three months in any year shall for every 60 days on which he has worked during the year be allowed leave, consecutive or otherwise, for a period of not more than five days."
So, the law says leave should be credited for the stipulated period of time the employee has worked/served the organization (on a proportionate basis).
Now, the decision is yours on how you would like to give that 0.77 leave to your respective employee.
Best of luck! Do well.
From India, Ahmedabad
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You said, "We have 20 leaves per calendar year."
Situation 1:
I hope you are crediting leaves in the employee's account on a monthly basis (20 leaves / 12 months = 1.67 leaves per month).
Answer for Situation 1: If the above procedure is what you are doing, then at any point in time, the employee may have 0.67 leaves in balance. In some industries like IT, the salary calculation is done on an hourly basis. So, it may be possible that leaves can be taken into consideration for a full day leave <1>, half-day leave <0.5>, or quarter leave <0.25> or quarter working <0.75 leave>.
So, you may adjust the 0.77 as per your standard. You may convert it into half-day <0.5> or quarter working <0.75> leave.
Situation 2:
If you are crediting all leave at the start of the calendar year, then it will be a monetary loss to the company.
Example: If an employee joins on 1st Jan. and you give 20 leaves to him/her. Due to any reason if the employee resigns after six months (before the end of the calendar year) and he/she has availed all 20 PLs, then it's a clear loss to the company of (1.67 x 6 = 10.02) PL approximately. (To PL = I consider paid leave).
Even, shops and establishment rules say,
"Section 35: Leave [(1) (a) Subject to the provisions of clause (b), every employee who has been employed for not less than three months in any year shall for every 60 days on which he has worked during the year be allowed leave, consecutive or otherwise, for a period of not more than five days."
So, the law says leave should be credited for the stipulated period of time the employee has worked/served the organization (on a proportionate basis).
Now, the decision is yours on how you would like to give that 0.77 leave to your respective employee.
Best of luck! Do well.
From India, Ahmedabad
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