Dear All Seniors,
Please let me know the full details about leaves of employees, the formula to calculate the leaves, the difference between CL, PL, and SL. As per labor law, what are the procedures to calculate leaves? Does leave calculation occur on a working hour basis? Which leaves are carry forward, encashable, and which lapse?
Please do let me know how to calculate the leaves at the time of F & F settlement. What is the eligibility for getting PL and SL, and what are the parameters? How many CL, PL, and SL are provided to an employee for the whole year?
If an employee works on holidays also in a 24-hour working plant such as sugar mills, will he be eligible to receive double salary for that day?
What is the procedure to get a bonus?
Please provide suggestions; I am really in need.
From India, New Delhi
Acknowledge(0)
Amend(0)
2Please let me know the full details about leaves of employees, the formula to calculate the leaves, the difference between CL, PL, and SL. As per labor law, what are the procedures to calculate leaves? Does leave calculation occur on a working hour basis? Which leaves are carry forward, encashable, and which lapse?
Please do let me know how to calculate the leaves at the time of F & F settlement. What is the eligibility for getting PL and SL, and what are the parameters? How many CL, PL, and SL are provided to an employee for the whole year?
If an employee works on holidays also in a 24-hour working plant such as sugar mills, will he be eligible to receive double salary for that day?
What is the procedure to get a bonus?
Please provide suggestions; I am really in need.
From India, New Delhi
Acknowledge(0)Amend(0)
Dear Seema,
Please see the links provided below. These links will answer all your queries:
- [Leave Policy in India](https://www.citehr.com/2068-leave-policy-india.html)
- [Leave Policy Company under Shop Establishment Act](https://www.citehr.com/109069-leave-policy-company-under-shop-establishment-act.html)
- [HR Leave Policy](https://www.citehr.com/215716-hr-leave-policy.html)
- [Leave Structure in a Company](https://www.citehr.com/386587-leave-structure-company.html)
Regarding Full and Final settlement, only PL (Privilege Leave) is encashed. The remaining PL mentioned in the records is encashed at the time of full and final settlement. PL is encashed based on the basic amount the employee is receiving at the time of leaving the organization. CL (Casual Leave) and SL (Sick Leave) are not encashed during the Full and Final Settlement.
I hope this information helps.
Best regards,
[Your Name]
From India, Mumbai
Acknowledge(0)Amend(0)
Please see the links provided below. These links will answer all your queries:
- [Leave Policy in India](https://www.citehr.com/2068-leave-policy-india.html)
- [Leave Policy Company under Shop Establishment Act](https://www.citehr.com/109069-leave-policy-company-under-shop-establishment-act.html)
- [HR Leave Policy](https://www.citehr.com/215716-hr-leave-policy.html)
- [Leave Structure in a Company](https://www.citehr.com/386587-leave-structure-company.html)
Regarding Full and Final settlement, only PL (Privilege Leave) is encashed. The remaining PL mentioned in the records is encashed at the time of full and final settlement. PL is encashed based on the basic amount the employee is receiving at the time of leaving the organization. CL (Casual Leave) and SL (Sick Leave) are not encashed during the Full and Final Settlement.
I hope this information helps.
Best regards,
[Your Name]
From India, Mumbai
Acknowledge(0)Amend(0)Looking for something specific? - Join & Be Part Of Our Community and get connected with the right people who can help. Our AI-powered platform provides real-time fact-checking, peer-reviewed insights, and a vast historical knowledge base to support your search.