Dear Fellow HR compatriots,
I have a query: What are the statutes regarding Privileged Leave for a company in terms of carry forward or encashment? Can any company choose not to carry forward any PL to the next year under any Act?
I look forward to some detailed insight on the subject.
Cheers,
Anubha Shankar
From India, Delhi
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I have a query: What are the statutes regarding Privileged Leave for a company in terms of carry forward or encashment? Can any company choose not to carry forward any PL to the next year under any Act?
I look forward to some detailed insight on the subject.
Cheers,
Anubha Shankar
From India, Delhi
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Dear Anuba Shankar,
As per the Shops and Commercial Establishment Act, you have both the options: either to carry forward the leaves to the next calendar year (maximum carry forward is limited to 30), or you shall encash the leave wages at the end of every year. For that, you should frame out the leave policy.
From India, Bangalore
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653As per the Shops and Commercial Establishment Act, you have both the options: either to carry forward the leaves to the next calendar year (maximum carry forward is limited to 30), or you shall encash the leave wages at the end of every year. For that, you should frame out the leave policy.
From India, Bangalore
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No Shops & Commercial establishment or factories act follow fiscal year for leave or annual returns. They follow only CY
From India, Bangalore
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From India, Bangalore
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Jeeva, Is it explicitly mentioned in the act because as per my understanding Acts only mention 12 months. Please specify.
From India, Delhi
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From India, Delhi
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Hi Anuba,
I am enclosing the copy of Karnataka Shops & Commercial Establishment Act. On Page 10, it clearly states that "Year" means the year commencing on the first day of January.
I hope this is sufficient proof of your doubt.
From India, Bangalore
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I am enclosing the copy of Karnataka Shops & Commercial Establishment Act. On Page 10, it clearly states that "Year" means the year commencing on the first day of January.
I hope this is sufficient proof of your doubt.
From India, Bangalore
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Since you are in Delhi, you need to follow the Delhi Shops and Establishment Act. Check and see what it says. Is there a specific rule requiring carry forward? Our office makes it a rule that all leave needs to be taken during the same year. It's a part of our policy to have a work-life balance and ensure adequate rest and not to allow employees to sacrifice rest for earning slightly more money. Most of the Shop and Establishment Acts are silent about carry forward, so there is no compulsion for the employer to do so. However, if you deny an employee leave, then you must carry forward the leave.
From India, Mumbai
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From India, Mumbai
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