Encashment of earned leave under factories act

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Calculation of earned leave encashment This query is: Anonymous Querist 14 October In my previous company for Gratuity Calculation 26 days considered. If it is shown in Factories Act Plz provide me link, so that i can refer.

If it is shown in Any other relevant ACT plz provide me link or copy of the ACt for reference. Thanking you, Read more at: Annual leave encashment of earned leave under factories act wages 1 Every worker who encashment of earned leave under factories act worked for a period of days or more in a factory during a calendar year shall be allowed during the subsequent calendar year, leave with wages for a number of days calculated at the rate of: VaibhavJ Expert Follow 14 October Anonymous Querist 15 October No where mentioned How many days to be taken in to consideration for EL calculation.

The Factories Act, Chapter - VIII

If EL is about 15 days for left Staffs from the company, where for How to learn to trade penny stocks calculation 26 days taken in to account And basic salary is 10K, EL encashment calculation: Your calculation of is the correct one which is the practice followed in all the companies.

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Encashment Of Earned Leave Of Worker - PDF Download - CiteHR

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Earned Leave Encashment Calculation [Thread ] - CiteHR

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