I am the HR associate in company. I want how to calculate Leave Encashment Under Factories Act in Maharashtra State Govt.
From India, Mumbai
From India, Mumbai
What support do you expect form us......................................................................................?
From India, Pune
467From India, Pune
Ideally the leave encashment has to be calculated on all wage heads except those linked with attendance e..g. canteen subsidy etc. where the allowance is being calculated on days attended on pro rata basis.The Factories Act does not provide for Encashment. The provisons related to encashments are governed by standing orders or agreement with unions/works committee.
Regards
Shailesh Parikh
Vadodara, Gujarat
99 98 97 10 65
From India, Mumbai
Regards
Shailesh Parikh
Vadodara, Gujarat
99 98 97 10 65
From India, Mumbai
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.
PF Contribution on Leave Encashment - Clarification by EPFO.pdf
EPFO Circular Leave Encashment.jpg