Hi friends
I had just got registered today and my name is sunil and was going through various messages exchanged and they were all very interesting and usefull. Can somebody help me know as i have a retail chain of stores which deal in home furnishing products like, carpets , pillows, bed sheets,curtains, etc., i specifically want to know how to fix sales targets to my sales staff. please do let me know the formula involved. Thank you.
From Tanzania, Dar Es Salaam
I had just got registered today and my name is sunil and was going through various messages exchanged and they were all very interesting and usefull. Can somebody help me know as i have a retail chain of stores which deal in home furnishing products like, carpets , pillows, bed sheets,curtains, etc., i specifically want to know how to fix sales targets to my sales staff. please do let me know the formula involved. Thank you.
From Tanzania, Dar Es Salaam
Hi Malini I compliment you on an excellent grasp on leaves and leave calculations. i am sure, your posts will be very useful for new/ fresh HR professionals.
From India, Delhi
1426From India, Delhi
Leave, i.e Earned Leave (EL) is eligible for all employees including Trainee, Probationer, casual and contract workmen. For calculating the earned leave, the Date of joining only has to be taken in to account and not any other date
You have to refer Factories act for the leave.
Sridharan
From India, New Delhi
You have to refer Factories act for the leave.
Sridharan
From India, New Delhi
Dear Jituraj
First of all your company has to formulate a leave policy to implement in your company. What Ms. Malini given is their company's leave policy. If it is suitable for you, you can adopt the same policy in your company also. But, in the first instance, your Company Management has to formulate and communicate the leave policy to its employees. Based on the leave policy so formulated, you can calculate the leave to employees.
Leave policies of all companies are not similar. The policies vary from firm to firm. You need to design a comfortable leave policy with the consultation of the Management for its implementation.
Further I would like to clarify that you have mentioned provision period. It is not provision period, but it is Probation period. The probation period has also to be specified clearly in the service rules. Naturally, probation period counts for calculation of leave.
Suri Babu Komakula
From India, Vijayawada
First of all your company has to formulate a leave policy to implement in your company. What Ms. Malini given is their company's leave policy. If it is suitable for you, you can adopt the same policy in your company also. But, in the first instance, your Company Management has to formulate and communicate the leave policy to its employees. Based on the leave policy so formulated, you can calculate the leave to employees.
Leave policies of all companies are not similar. The policies vary from firm to firm. You need to design a comfortable leave policy with the consultation of the Management for its implementation.
Further I would like to clarify that you have mentioned provision period. It is not provision period, but it is Probation period. The probation period has also to be specified clearly in the service rules. Naturally, probation period counts for calculation of leave.
Suri Babu Komakula
From India, Vijayawada
Hi Malini, I m very thankful to u for providing such a wonderful data. I m sure this not only help to jeetu infact this would be helpful for everyone.
From India, Delhi
From India, Delhi
Hi, The calculations are usefull but our company has only CL(10days) and EL.(5day/qtr) no sick leave as such.
From India, Mumbai
From India, Mumbai
hi all,
I would like to share a info on the leave calculation is that before calculation we must come to a point were we should be aware of the minimum leaves to be provided to an employee. To know the same we must go the statutory compliance of Shop and Establishment Act. which provided information about the minimum leaves to be provided. It depends on the manpower strength of the company. There are also few limitation.
Regards
Jeets;-)
From India, Pune
I would like to share a info on the leave calculation is that before calculation we must come to a point were we should be aware of the minimum leaves to be provided to an employee. To know the same we must go the statutory compliance of Shop and Establishment Act. which provided information about the minimum leaves to be provided. It depends on the manpower strength of the company. There are also few limitation.
Regards
Jeets;-)
From India, Pune
EL can not be less than 12 in a year. As per the Labour laws for every 20 days of working 1 earned leave will be credited to the employee. So if we take approximately 240 working days in a year. There should be 12 earned leaves for an employee.
From India, Mumbai
From India, Mumbai
hey Malini....great help!
I have framed new leave system for my company which is:
11 National holidays
12 CL's
12 EL's ( encashed after 1 year of completing service)
The calender year is 1 April to 31 March.
Is it legal or O.K.
M about to float mail employees ...kindly help if its fine?
From India, Calcutta
I have framed new leave system for my company which is:
11 National holidays
12 CL's
12 EL's ( encashed after 1 year of completing service)
The calender year is 1 April to 31 March.
Is it legal or O.K.
M about to float mail employees ...kindly help if its fine?
From India, Calcutta
hey hi malini,
its really good info..... also would appreciate if you could let me know whether weekends(Saturday & Sunday) will be considered as Leave if anyone is taking leave on friday and monday. if yes then can i know on what basis this is considered.
would be helpful if you could mail me the info to
id.
Thanks,
Shilpa.
From India, Kochi
its really good info..... also would appreciate if you could let me know whether weekends(Saturday & Sunday) will be considered as Leave if anyone is taking leave on friday and monday. if yes then can i know on what basis this is considered.
would be helpful if you could mail me the info to
Thanks,
Shilpa.
From India, Kochi
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.
Madras HC on PF on training period of junior officers.pdf
Period of training shall be counted for the calculation of gratuity-HIGH COURT JUDGMENT.doc