Hi Friends,
I work for a Pvt Ltd company and the moment I asked my company HR for leave encashment this is the reply i got whch I feel is in appropriate.
Please find below reply and if anyone can enlighten me on the same will be great.
Your leave balance as on 10.07.2013 is as follows -:
TOTAL EARNED LEAVES BALANCE AS ON 10.07.2013 |
36.5 |
SICK LEAVES |
7 |
CASUAL LEAVES |
3 |
Therefore, presently you cannot avail leave encashment.
On questioning the 100 accumulated leave rule they have answered me it is so because it is as per the labors act.
Can anyone please help me understnd this better as I dont find it a convincing answer.
Regards,
Bhavin