Dear Sir,
I am confused about the payment of EL/PL leaves at the time of full and final settlement. I want to know, should we calculate the EL of the employee earned to be paid in the next year in the full and final settlement?
For example, in Oct 2012, an employee has 20 EL in his account (13 EL has been credited in Jan 2012 in lieu of work performed last year, i.e., 2011). Now in full and final settlement, should we pay for 13 EL only, or should we calculate the days worked during 2012 by him and then add the earned EL to 13 and pay him?
I hope you understood my problem. I would appreciate it if you could answer with some evidence and reference to the law/section.
Thank you.
From India
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3I am confused about the payment of EL/PL leaves at the time of full and final settlement. I want to know, should we calculate the EL of the employee earned to be paid in the next year in the full and final settlement?
For example, in Oct 2012, an employee has 20 EL in his account (13 EL has been credited in Jan 2012 in lieu of work performed last year, i.e., 2011). Now in full and final settlement, should we pay for 13 EL only, or should we calculate the days worked during 2012 by him and then add the earned EL to 13 and pay him?
I hope you understood my problem. I would appreciate it if you could answer with some evidence and reference to the law/section.
Thank you.
From India
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The ELs have to be calculated up to the day (month) of his leaving and encashed the same, mentioning it in F & F settlement. Suppose an employee leaves the job on 1st June, the leaves for 5 months have to be calculated and put in his F & F settlement. Hope I am on the right track.
Regards,
Rejeev Dixit
From India, Bangalore
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Regards,
Rejeev Dixit
From India, Bangalore
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