Hi Seniors,
I am an HR Executive in a startup firm registered under the Shop and Establishment Act. We are in the process of forming the policies for leaves and working hours. So, I would like to know about the rules applicable for leaves and working hours for a Private Limited Company. Specifically, I would like to know:
- Types of leaves?
- Rules about managing different leaves and working hours?
- Any other rules to be followed regarding leaves and hours?
- A reliable Payroll Software as well.
Thanks,
Anshika
From India, Mumbai
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2I am an HR Executive in a startup firm registered under the Shop and Establishment Act. We are in the process of forming the policies for leaves and working hours. So, I would like to know about the rules applicable for leaves and working hours for a Private Limited Company. Specifically, I would like to know:
- Types of leaves?
- Rules about managing different leaves and working hours?
- Any other rules to be followed regarding leaves and hours?
- A reliable Payroll Software as well.
Thanks,
Anshika
From India, Mumbai
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Hi Anshi,
Most of the leave and working hour policies for private limited companies in India are common to all the states. Having said that, some of the state-specific policies include holidays on that particular state day, e.g., 1st May is a holiday in Maharashtra state on account of Maharashtra Day.
The three main bifurcations for leaves are:
1) Casual leave (short leave taken for personal reasons)
2) Earned leave (long leave taken for a vacation)
3) Sick leave (self-explanatory and unplanned)
A company should provide a minimum of 18 leaves per year per employee apart from public holidays, which are generally 12 per year (optional and could be more).
The four mandatory public holidays that should be given in every company are on account of Republic Day, Independence Day, Gandhi Jayanti, and the particular state day in which the company is based.
Leaves could be carried forward to the following year or restricted to the same financial year, depending upon the discretion of management.
Ideally, 9 working hours along with a 1-hour break are followed in every company. It could be 8, depending upon the discretion of management, but not more than 9. Work hours could be from 9 to 6 or 10 to 7, depending upon the staff's convenience (thanks to the employee-centric nature of organizations these days).
One weekly off is compulsory, though many companies provide two, or a second off every alternate week. This also falls under the discretion of management.
These are a few generic leave and working hours policies. I hope it helps you in drafting your organization's policies effectively.
In case it's too much of a botheration for you (which I assume it will be), an excellent option to handle your tedious payroll and other HR processes is sumHR. It is a new-age HR and payroll software that comes at a surprisingly low cost. Most SMEs in India are streamlining their HR activities hassle-free. You can take a quick look at our happy customers at https://www.sumhr.com/customers-and-testimonials/.
Some of its features include:
1) Leave tracking and active attendance monitoring.
2) Monthly payroll processing.
3) Company social network called streams for employee engagement.
4) Cloud-based, hence safe storage of data and easy accessibility from any server.
Click to learn more about us: https://www.sumhr.com/ or call me on +91 922 221 3195.
From India, Mumbai
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Most of the leave and working hour policies for private limited companies in India are common to all the states. Having said that, some of the state-specific policies include holidays on that particular state day, e.g., 1st May is a holiday in Maharashtra state on account of Maharashtra Day.
The three main bifurcations for leaves are:
1) Casual leave (short leave taken for personal reasons)
2) Earned leave (long leave taken for a vacation)
3) Sick leave (self-explanatory and unplanned)
A company should provide a minimum of 18 leaves per year per employee apart from public holidays, which are generally 12 per year (optional and could be more).
The four mandatory public holidays that should be given in every company are on account of Republic Day, Independence Day, Gandhi Jayanti, and the particular state day in which the company is based.
Leaves could be carried forward to the following year or restricted to the same financial year, depending upon the discretion of management.
Ideally, 9 working hours along with a 1-hour break are followed in every company. It could be 8, depending upon the discretion of management, but not more than 9. Work hours could be from 9 to 6 or 10 to 7, depending upon the staff's convenience (thanks to the employee-centric nature of organizations these days).
One weekly off is compulsory, though many companies provide two, or a second off every alternate week. This also falls under the discretion of management.
These are a few generic leave and working hours policies. I hope it helps you in drafting your organization's policies effectively.
In case it's too much of a botheration for you (which I assume it will be), an excellent option to handle your tedious payroll and other HR processes is sumHR. It is a new-age HR and payroll software that comes at a surprisingly low cost. Most SMEs in India are streamlining their HR activities hassle-free. You can take a quick look at our happy customers at https://www.sumhr.com/customers-and-testimonials/.
Some of its features include:
1) Leave tracking and active attendance monitoring.
2) Monthly payroll processing.
3) Company social network called streams for employee engagement.
4) Cloud-based, hence safe storage of data and easy accessibility from any server.
Click to learn more about us: https://www.sumhr.com/ or call me on +91 922 221 3195.
From India, Mumbai
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Thanks a lot for the response! The Office is situated in Madhya Pradesh.Also, would like to know about few of the good and reasonable payroll softwares. Thanks, Anshika
From India, Mumbai
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From India, Mumbai
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You're welcome, Anshika. As mentioned above, you can log onto https://www.sumhr.com/ or call +91 922 221 3195 to know more about our software.
From India, Mumbai
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From India, Mumbai
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In our organization, we are currently using Spine Payroll, which is very reasonable and user-friendly software with an excellent customer support team. I have attached some information files that I received from the Spine company. You can go through them and contact them directly.
From India, Mumbai
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From India, Mumbai
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Visit https://hrmantra.com/ to not only get a proper payroll software but also have it integrated with leave and attendance. All statutory forms that need to be complied with are available with us.
Request a demo and assistance with payroll processing, ensuring it takes no more than 0.5 seconds. You can also email me at
.
From India, Kundan
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Request a demo and assistance with payroll processing, ensuring it takes no more than 0.5 seconds. You can also email me at
From India, Kundan
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Thanks a lot for the response.The information is of great help. I would like to know that, do the rules applicable on the company depend on number of employees it is employing. Thanks.
From India, Mumbai
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From India, Mumbai
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