No Tags Found!


LoserMuch
I work at a consulting firm and get 22 paid leaves a year on an accrual basis.

So, my question is if I have a 12-day leave balance and take a 7-day leave starting from 30th December 2022.
Are those 7 days deducted from my leave balance for 2022 or 2023?

Can we use this as a hack to not waste out extra leaves pending at the year's end and enjoy some free time at the start of the year?

From India, Mumbai
Aashiiii
1

It depends on the leave policy of your firm.
From India, New Delhi
nelsonthomas9102
61

Dear Partner,

Along with leave accrual, there are specifications over how many leaves are bound to lapse by the end of the year and also on how many can be carried over to the next calendar year.

An example can be a case where out of 22 annually accrued leaves, only 8 leaves can be carried over to the next year, whereas the rest of the leaves lapse. The ratio can vary from company to company as per the laws of the state.

In your case here, the way the system works is that it would deduct the leaves for 30th and 31st Dec from your 2022 balance, and for the leaves applied for 2023, it would first check if you have accrued 5 leaves in 2023. This naturally would not be the case, as the year has just started. So, seeing that there are no leaves accrued in 2023, the next option for the system would be to check on whether any carry over has been allowed from 2022, and then apply those leaves.

In the rarest of the rare scenarios where there is a 100% lapse by the end of the year, the system either applies LOP for the 2023 duration or gives you an option for advance leaves.
If these options are not possible, then there is case where an extended period of 30 days or upto 90 days are given in 2023 for exhausting the 2022 leaves. In such scenarios, the 2022 leave balance shall be deducted for all the applied leaves here.

From India, Bengaluru
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.





Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.