Hi All,
I has come across a hypothetical situation where employees are having to serve a noitce period of 2-3 months during this period. In such cases, I have a question, where the full and final settlement happens for the employee where even leaves are counted and credited to the employee in form of basic salary, what happens in the 3 months of notice period? Will leaves be credited for that period as well? Please post your comments on this..
Thanks
Vijay Paidipalli
From India, Hyderabad
2I has come across a hypothetical situation where employees are having to serve a noitce period of 2-3 months during this period. In such cases, I have a question, where the full and final settlement happens for the employee where even leaves are counted and credited to the employee in form of basic salary, what happens in the 3 months of notice period? Will leaves be credited for that period as well? Please post your comments on this..
Thanks
Vijay Paidipalli
From India, Hyderabad
I agree with mr. Ponraj. Employee is eligible for leave till the time he/she works in the org, doesn’t matter that time is notice period or regular work time. Thanks
From India, Gurgaon
From India, Gurgaon
Hi Vijay,
Leaves has to be given to the employee as per their eligibility till they are there in the company upto their last date of working. If leave credit to be given falls in the notice period of the employee, then the company can decide the same to be given in the settlement, as most of the employees then avail their leaves while serving notice period, which hampers the handover process.
But yes, leave settlement has to be there.
Regards,
Smita
Leaves has to be given to the employee as per their eligibility till they are there in the company upto their last date of working. If leave credit to be given falls in the notice period of the employee, then the company can decide the same to be given in the settlement, as most of the employees then avail their leaves while serving notice period, which hampers the handover process.
But yes, leave settlement has to be there.
Regards,
Smita
Dear Vijay Padipalli,
Leave credit has to given to the employee till his last working day with you, which will mean leave calculation is permitted for the notice period also. The leave standing to the credit of the employee till his date of leaving is paid alongwith the full and final settlement.
However, if the employee avails leave during the notice period then depending upon the need the employer may insist on extending the notice period to the extent the employee has availed leave.
Trust I have answered your query.
Regards
M.V.KANNAN
From India, Madras
Leave credit has to given to the employee till his last working day with you, which will mean leave calculation is permitted for the notice period also. The leave standing to the credit of the employee till his date of leaving is paid alongwith the full and final settlement.
However, if the employee avails leave during the notice period then depending upon the need the employer may insist on extending the notice period to the extent the employee has availed leave.
Trust I have answered your query.
Regards
M.V.KANNAN
From India, Madras
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