Hello!
Greetings for the day!
I would like to know, if we are processing Full and Final (F&F) settlements or leave encashment, do we consider 26 days for the calculation? My question is, why can we not consider 30 days instead of 26 days? Is there any specific logic behind choosing 26 days?
Thanks,
Parimal
From India, Ahmadabad
Acknowledge(0)
Amend(0)
4Greetings for the day!
I would like to know, if we are processing Full and Final (F&F) settlements or leave encashment, do we consider 26 days for the calculation? My question is, why can we not consider 30 days instead of 26 days? Is there any specific logic behind choosing 26 days?
Thanks,
Parimal
From India, Ahmadabad
Acknowledge(0)Amend(0)
Dear Parimal,
As per the Factories Act Section 52, an adult worker shall be allowed a holiday for one full day. You may term it rest, weekly off, holiday, etc. As such, the salary is taken for 26 days. Similarly, it is applicable for encashment as well.
Hope this makes sense. However, the extract of Section 52 is as follows:
Factories Act Section 52. Weekly holidays. (1) No adult worker shall be required or allowed to work in a factory on the first day of the week (hereinafter referred to as the said day), unless:
(a) he has or will have a holiday for a whole day on one of the three days immediately before or after the said day, and
(b) the manager of the factory has, before the said day or the substituted day under clause (a), whichever is earlier:
(i) delivered a notice at the office of the Inspector of his intention to require the worker to work on the said day and of the day which is to be substituted, and
(ii) displayed a notice to that effect in the factory.
Provided that no substitution shall be made which will result in any worker working for more than ten days consecutively without a holiday for a whole day.
Regards,
From India, Madras
Acknowledge(0)Amend(0)
As per the Factories Act Section 52, an adult worker shall be allowed a holiday for one full day. You may term it rest, weekly off, holiday, etc. As such, the salary is taken for 26 days. Similarly, it is applicable for encashment as well.
Hope this makes sense. However, the extract of Section 52 is as follows:
Factories Act Section 52. Weekly holidays. (1) No adult worker shall be required or allowed to work in a factory on the first day of the week (hereinafter referred to as the said day), unless:
(a) he has or will have a holiday for a whole day on one of the three days immediately before or after the said day, and
(b) the manager of the factory has, before the said day or the substituted day under clause (a), whichever is earlier:
(i) delivered a notice at the office of the Inspector of his intention to require the worker to work on the said day and of the day which is to be substituted, and
(ii) displayed a notice to that effect in the factory.
Provided that no substitution shall be made which will result in any worker working for more than ten days consecutively without a holiday for a whole day.
Regards,
From India, Madras
Acknowledge(0)Amend(0)
26 days applies to wokmen. For salaried class, many companies are dividing by 365/12 factor. Pon
From India, Lucknow
Acknowledge(0)Amend(0)
From India, Lucknow
Acknowledge(0)Amend(0)
Dear Seniors. Can i tell me how many day work after take the paid holiday. Regards, Vivekanand Tiwari
From India, undefined
Acknowledge(0)Amend(0)
From India, undefined
Acknowledge(0)Amend(0)
Dear Seniors. Pls tell me how many day work after take the paid holiday. Regards, Vivekanand Tiwari
From India, undefined
Acknowledge(0)Amend(0)
From India, undefined
Acknowledge(0)Amend(0)Gathering data for an AI comment.... Sending emails to relevant members...
Stuck with an HR fire? Get a verified answer before your next coffee. - Join 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.
SALARY SHEET CALCULATION.xls
Salary calculation.doc