Please suggest how can we calculate pro rata leaves. Our annual leave calendar is Jan - Dec. 12 CL/SL + 15 PL. If an team member joins in say July - how will we do the calculation.
From India, New Delhi
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2From India, New Delhi
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Hi You can credit 1CL per month and 1.25 per month of EL. Generally EL is credited after completion of specified period of work like monthly quarterly or annually
From India, Bangalore
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From India, Bangalore
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Hi,
CL/SL will be given on a pro-rata basis at the time of joining itself for the rest of the year (Jul to Dec), which is 6 months x 1 (12/12). On the other hand, PL will be credited at the end of the calendar year (usually). The individual will be credited with PL of 6 (Jul - Dec) x 1.25 (15/12) = 7.5 on 1 Jan of the succeeding year.
Thanks and Regards
From India, Hyderabad
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CL/SL will be given on a pro-rata basis at the time of joining itself for the rest of the year (Jul to Dec), which is 6 months x 1 (12/12). On the other hand, PL will be credited at the end of the calendar year (usually). The individual will be credited with PL of 6 (Jul - Dec) x 1.25 (15/12) = 7.5 on 1 Jan of the succeeding year.
Thanks and Regards
From India, Hyderabad
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Hi, Thanks for sharing but I did not understand the same. Can you please elaborate. Regards, Hema Chugh
From India, New Delhi
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From India, New Delhi
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Hi,
As per your company policy, it is 12 CL/SL [together] or 1 per month, and PL is 15 which amounts to 1.25 per month. If an employee joins in February, he/she will get 11 CL/SL or 5.5 each for the year at the time of joining. However, when it comes to PL, the same will be credited only after completion of that calendar year. It will not be calculated pro-rata at the time of joining but credited at the end of the year with 1.25 x 11 = 13.75 leaves for the year of joining.
Similarly, in the above example of joining in July, the CL/SL will be 6 as there are only 6 months left in the calendar year, and the PL will be credited at the end of the calendar year [31 Dec], which will be 1.25 x 6 months = 7.5 leaves. Pro-rata is not applicable for EL/PL.
I hope this is clear.
Thanks and Regards
From India, Hyderabad
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As per your company policy, it is 12 CL/SL [together] or 1 per month, and PL is 15 which amounts to 1.25 per month. If an employee joins in February, he/she will get 11 CL/SL or 5.5 each for the year at the time of joining. However, when it comes to PL, the same will be credited only after completion of that calendar year. It will not be calculated pro-rata at the time of joining but credited at the end of the year with 1.25 x 11 = 13.75 leaves for the year of joining.
Similarly, in the above example of joining in July, the CL/SL will be 6 as there are only 6 months left in the calendar year, and the PL will be credited at the end of the calendar year [31 Dec], which will be 1.25 x 6 months = 7.5 leaves. Pro-rata is not applicable for EL/PL.
I hope this is clear.
Thanks and Regards
From India, Hyderabad
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