Hello Everyone, Can you please tell me the number of holidays that may be given to employees in a year? As per statutory compliances is there any fix number? Regards, Vidya!
From India, Pune
From India, Pune
Vidya,
It depends on the kind of organization, you are working with.
1. If it is a manufaturing unit, the leave rules shall be governed as per the factories act.
2. If it is covered under shop & establishment act, the leave rules should be governed as per the state shop & establishment act.
You can refer the respective act as the case may be.
Regards,
B. S. Negi
From United States, Santa Clara
It depends on the kind of organization, you are working with.
1. If it is a manufaturing unit, the leave rules shall be governed as per the factories act.
2. If it is covered under shop & establishment act, the leave rules should be governed as per the state shop & establishment act.
You can refer the respective act as the case may be.
Regards,
B. S. Negi
From United States, Santa Clara
Hi Vidya,
I agree with Negi... the number of holidays completely depends on the type of organization. I am working with a BPO and we give 10 holidays in a year.
If your company is related to State or Central Govt, you need to follow the norms set up by them.
Sirisha Reddy
From India, Bangalore
I agree with Negi... the number of holidays completely depends on the type of organization. I am working with a BPO and we give 10 holidays in a year.
If your company is related to State or Central Govt, you need to follow the norms set up by them.
Sirisha Reddy
From India, Bangalore
Dear Vidya :
The usual must holidays are Independence Day, Republic Day, Gandhi Jayanthi.
But you cannot ignore occasions such as May Day falling on May 1, 2006 the State formation day - Karnataka Rajyotsava Day in Karnataka falling on Nov 1, 2006.
Apart from the above 5 days, may be 5 holidays for Festivals and other occasions should suffice the requirement.
Incidentally, for a 5 day a week working, the no. of actual days worked in a year is given under :
2 days off in a week = 52 x 2 = 104 days
Paid holidays as above = 10 days
Minimum paid leave (1 days for
every 20 days worked =
365 - 104 - 10 days = 251
= 251 divided by 20 = 12.5 or 13)= 13 days
Therefore total days not worked = 127 days
Therefore total days workable = 365 - 127 = 238 days = 65 %
of total workable days !!!!!!!!!!
Great working.
Regrds
:: Dhinakaran
From India, Hyderabad
The usual must holidays are Independence Day, Republic Day, Gandhi Jayanthi.
But you cannot ignore occasions such as May Day falling on May 1, 2006 the State formation day - Karnataka Rajyotsava Day in Karnataka falling on Nov 1, 2006.
Apart from the above 5 days, may be 5 holidays for Festivals and other occasions should suffice the requirement.
Incidentally, for a 5 day a week working, the no. of actual days worked in a year is given under :
2 days off in a week = 52 x 2 = 104 days
Paid holidays as above = 10 days
Minimum paid leave (1 days for
every 20 days worked =
365 - 104 - 10 days = 251
= 251 divided by 20 = 12.5 or 13)= 13 days
Therefore total days not worked = 127 days
Therefore total days workable = 365 - 127 = 238 days = 65 %
of total workable days !!!!!!!!!!
Great working.
Regrds
:: Dhinakaran
From India, Hyderabad
As per Factories Act, you have to provide an previllage of 9 Paid hoildays
In which, 5 festival holidays and 4 National Holidays.
In the end of calender year, you have to choose the holidays for which you are going to provide the above previllage and intimate the same to the concern Govt. authority, for us the govt. autho is Ins. of Factories
Reg, Anand
From India, Madras
In which, 5 festival holidays and 4 National Holidays.
In the end of calender year, you have to choose the holidays for which you are going to provide the above previllage and intimate the same to the concern Govt. authority, for us the govt. autho is Ins. of Factories
Reg, Anand
From India, Madras
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