I want to know that why we take only 240 days for annual leave, gratuity etc. My que is that why only 240 days? & not the other other.
From India, Vapi
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11From India, Vapi
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My question is also the same. The concept behind 240 days. Seniors please lay your hands on this issue
From India, Hyderabad
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From India, Hyderabad
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Please read the article written by Mr. K. Varadan, Business Head - CAS of Aparajitha, titled "240, Its Factors, and Multiples," which was published in two parts in the journal section of Volume 129 - 15th April 2011 - Part 8 and Volume 129 - 1st May 2011 - Part 9 of Indian Factories and Labour Reports (FLR).
From India, Madras
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From India, Madras
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Dear Sir,
240 days are not for annual leave. The Factory Act states that if an adult completes 240 days, then they are eligible for 20 days of leave. After 240 days, the company management has to decide their policy regarding leave.
For your reference, below is Chapter VIII of the Factory Act:
Annual leave with wages.
79. Annual leave with wages. (1) Every worker who has worked for a period of 240 days or more in a factory during a calendar year shall be allowed, during the subsequent calendar year, leave with wages for a number of days calculated at the rate of:
(i) if an adult, one day for every twenty days of work performed by him during the previous calendar year;
(ii) if a child, one day for every fifteen days of work performed by him during the previous calendar year.
Explanation 1: For the purpose of this sub-section:
(a) any days of layoff, by agreement or contract or as permissible under the standing orders;
(b) in the case of a female worker, maternity leave for any number of days not exceeding twelve weeks; and
(c) the leave earned in the year prior to that in which the leave is enjoyed;
shall be deemed to be days on which the worker has worked in a factory for the purpose of the computation of the period of 240 days or more, but he shall not earn leave for these days.
With Regards,
Vikas Vyas
From India, Vapi
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240 days are not for annual leave. The Factory Act states that if an adult completes 240 days, then they are eligible for 20 days of leave. After 240 days, the company management has to decide their policy regarding leave.
For your reference, below is Chapter VIII of the Factory Act:
Annual leave with wages.
79. Annual leave with wages. (1) Every worker who has worked for a period of 240 days or more in a factory during a calendar year shall be allowed, during the subsequent calendar year, leave with wages for a number of days calculated at the rate of:
(i) if an adult, one day for every twenty days of work performed by him during the previous calendar year;
(ii) if a child, one day for every fifteen days of work performed by him during the previous calendar year.
Explanation 1: For the purpose of this sub-section:
(a) any days of layoff, by agreement or contract or as permissible under the standing orders;
(b) in the case of a female worker, maternity leave for any number of days not exceeding twelve weeks; and
(c) the leave earned in the year prior to that in which the leave is enjoyed;
shall be deemed to be days on which the worker has worked in a factory for the purpose of the computation of the period of 240 days or more, but he shall not earn leave for these days.
With Regards,
Vikas Vyas
From India, Vapi
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240 days Gratuity Act-Case Law.doc