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Flexi 10 software
Flexi 10 software








flexi 10 software flexi 10 software

However, most companies tend to give three days of marriage leave as a norm. The marriage-leave grant is for anywhere between 1 to 15 days. While it's mandatory in a handful of countries like Malta, Vietnam, etc., marriage leave is not a legal entitlement in most countries, including India. Some companies provide a special leave for employees getting married called Marriage Leave. Select a state from the dropdown below to view the leave rules applicable for that state. In some organizations, gross income is considered instead of basic salary. One day of EL balance converts to one day's basic pay. The basic salary is usually considered as the unit of exchange to encash leaves. Again, state laws govern the quantum of leave to be carried forward to the following year.Įarned Leaves can also be converted to cash through a process called Leave Encashment. Days worked shall not include holidays, weekends, or days when the employee does not work.Ī unique feature of earned leaves is that the leave balance at the end of the leave-year is carried forward to the next year. The leave entitlement is calculated based on a certain number of days worked (e.g., 20 workdays). Providing earned leaves is mandatory as per labour laws, though the quantum of such leaves vary state by state. Leave availed for a week or more is considered as "long leave.” Since work may get disrupted if a team member goes on extended leave, this type of leave needs to be planned ahead of time, and the team or manager informed about it in advance. The EL leave type is typically used for personal reasons such as vacation, to observe festivals that are not declared holidays, etc. This kind of leave is also known as Vacation Leave (VL) or Privilege Leave (PL) or Flexi Holiday, or Annual Leave (AL). This leave type is called Earned Leave because you 'earn' these leaves for days worked.

flexi 10 software

Privilege Leave (PL) / Earned Leave (EL) / Annual Leave (AL) For leaves that are mandatory, various state-wise rules are also shown. Loss of Pay (LOP) / Leave Without Pay (LWP)Įach of these leave types is explained in the following sections.Privilege Leave (PL) or Earned Leave (EL).The following are the different types of leaves offered by companies:

flexi 10 software

What types of leaves do companies offer to employees? For establishments other than factories (such as IT/ service companies, shops, etc.), every state has enacted Shops & Commercial Establishments Act.Īpart from the mandatory leave types, companies provide several other leave types. The Factories Act, 1948 is applicable for factories in India. The nature of business is an essential factor since specific labour laws apply to different sectors. However, the specifics on leave rules vary widely between employers. National and state laws dictate the minimum leaves provided by employers. Loss Of Pay Leave (LOP/LWP) Types Of Leaves










Flexi 10 software