Hello Respected Members,
My current Salary Slip shows Balance PL = 20, Previous FY PL = 20, Total PL = 40. Now, if I exit the organization, what will be the treatment of the Paid Leaves of 40 Days? Does an organization need to pay for the same in full or part? Is there any law on the treatment of the same? Please enlighten us on the same.
From India, Guwahati
Acknowledge(0)
Amend(0)
2My current Salary Slip shows Balance PL = 20, Previous FY PL = 20, Total PL = 40. Now, if I exit the organization, what will be the treatment of the Paid Leaves of 40 Days? Does an organization need to pay for the same in full or part? Is there any law on the treatment of the same? Please enlighten us on the same.
From India, Guwahati
Acknowledge(0)Amend(0)
Dear Asha,
The cash value of the number of days of PL/EL at the credit of the employee on the date of termination of employment should be paid as per the provisions of the establishment-specific labor law applicable. It should be based on the gross wages/salary.
From India, Salem
Acknowledge(0)Amend(0)
The cash value of the number of days of PL/EL at the credit of the employee on the date of termination of employment should be paid as per the provisions of the establishment-specific labor law applicable. It should be based on the gross wages/salary.
From India, Salem
Acknowledge(0)Amend(0)Looking for something specific? - Join & Be Part Of Our Community and get connected with the right people who can help. Our AI-powered platform provides real-time fact-checking, peer-reviewed insights, and a vast historical knowledge base to support your search.