Dear Seniors,
One of the employee worked for 357 days in his tenure and resigned from the job. the tenure includes holidays, leaves and etc. During the final settlement is he eligible for EL encashment or not?
Pls. advise me.
From India, Hyderabad
One of the employee worked for 357 days in his tenure and resigned from the job. the tenure includes holidays, leaves and etc. During the final settlement is he eligible for EL encashment or not?
Pls. advise me.
From India, Hyderabad
Dear Friend,
He is eligible for his Earned Leaves (EL) if any balance is left.
Chill HR !!
https://www.facebook.com/HRGang
From India, Gurgaon
94He is eligible for his Earned Leaves (EL) if any balance is left.
Chill HR !!
https://www.facebook.com/HRGang
From India, Gurgaon
The holidays and leave are to be includes if they were availed with wages. B.Saikumar , Mumbai
From India, Mumbai
From India, Mumbai
Dear Sir,
Yes you are eligible for EL credit to your account and the EL for the leaving year proportionately for the days worked in that year at the rate of one day for every 20 days of work.
you can claim this in your Full and Final Settlement while leaving from the job.
D.Gurumurthy
HR & IR Consultant, Hyd.
From India, Hyderabad
Yes you are eligible for EL credit to your account and the EL for the leaving year proportionately for the days worked in that year at the rate of one day for every 20 days of work.
you can claim this in your Full and Final Settlement while leaving from the job.
D.Gurumurthy
HR & IR Consultant, Hyd.
From India, Hyderabad
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PF Deduction_Leave Encashment.doc
PF Contribution on Leave Encashment - Clarification by EPFO.pdf