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Leave policy FY-2017-18 - kindly check if okay? - CiteHR

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Shai89308

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rst.hrvasai@gmail.com
Dear Seniors, Kindly check this leave policy is ok or not? Required yours suggestion in this case.
• 2 PL allowed per month, i.e. 24 PL per fiscal.
• These Leaves can be carry forwarded to next month and thereafter, i.e. 24 leaves can be accumulated in a fiscal.
• These leave, either per month allowed or accumulated can be availed in one trench. However, shall not exceed 8 leave at one trench .With function head approval seeking emergency this can be extended upto 15 leave at one trench.
• If no leave is availed , these will be considered as lapse and will not carry forward to next fiscal, however , 6 leaves is permissible to be carry forward to next fiscal.
• If 30 leaves of accumulated nature is attained, this will be automatically paid as per prevailing basic basis, if not availed .

From India, Thane
Srinath Sai Ram
606

Dear Mr Bhavesh, under which Act the said leave Policy is framed? There is provision for carry forward of leave to the extent of 2 Years eligibility Leave encashment is paid on gross Salary not on Basic Salary alone.Your leave Policy should be in conformity with The factories Act, 1948/The Shops & Commercial establishments Act
From India, New Delhi
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