Earned Leave and its encashment

Dear Senthil,

Please refer to the encashment rules of your company. Your encahsment will be regulated by your company rules. There is no seperate law for this.

Regards

Amardeep

Dear Sentil ji,

There is no specific rule for the encashment of Els or PLs. Its purely depending upon organisation to organisation. But as per the Factories Act concern any employee while leaving the company the employer has to give the EL payment..

Regards,

PBS KUMAR

Dear Senthil,

Each and every state has a Shops and Commercial Establishment Act, which prescribes the minimum number of leaves which a employee is entitled to in a year, and the maximum number of leaves which can be accumulated at a length.

There is no provision in law, which governs the Leave encashment.  Each and every Company have got their own individual HR polices, which governs the Leave Encashment, which normally no government will interfere.

Thanks,

Ashish.

Dear All,

Please advice me on the following issue:

we had our leave policy of year 1998 and no revision has done so far with that. as per practice accumlation of 60 days is poosible and encashment of 60 days will be given during seperation. Leave above 60days will be lapsed or forfieted.

In absence of local hr people accumlated mor ethan 60 days and demanding to encash whole leaves i.e 100 days, 155 days to be encashed or they will go to court.

As per my understanding there is no regulations for private organisations specially consulatants under shops and establishment act to pay whole leaves and company will pay according to the policy.

Please also advice that if this practice is in force from last 10 years and no one had objected and no policy was revised do we have any liability to pay the excess leaves?

Thanks & Regards

Yogita

HR Manager

Dear All,

Whether the EL Encashment should be paid on Basic or on Gross Salary, Act does not mention anything about EL Encashment.

Regards

Srinivasan 

Dear Mr.Senthil

Please inform the Labour Act which is applicable to your company. Is it the Factories Act or the Shops and Establishments Act. The answer to your query depends on this.