LEAVE POLICY
Purpose
This policy aims to encourage work-life balance for its employees
and describes the number of leave that an employee is entitled to
in a calendar year.
Scope
The policy applies to all on-roll employees of the Company
Leave Entitlement
All the employees are entitled to the following leave:
Casual Leave: ‘06’ days
Sick Leave: ‘12’ days
National Holidays ‘3’ days
Other Leaves
Marriage Leave up to ‘15’ days
Maternity Leave up to ‘6’ months
Paternity Leave up to ‘15’ days
Bereavement Leave up to ‘7’ days
Leave without Pay ‘unlimited’ days
Guidelines
The leave calculation shall be done on a calendar year basis
CL/ SL will be credited to the Employee’s Leave Account at
the beginning of the calendar year (1st January / or on the
date of joining on a pro-rata basis for new employees).
PL will be credited to the Employee’s Leave Account at the
beginning of every month on a pro-rata basis.
1
Those employees who join the Company after the ‘date’ will
be eligible for leave on a pro-rata basis for the year.
PL can be availed only once the employee completes his
probation and his employment is confirmed.
Normally, CL/SL cannot be availed for more than ‘1’ day at
one stretch.
CL/SL will not be granted for less than ‘0.5’ day
For availing CL/SL for more than ‘1’ day, a certificate from
the doctor needs to be submitted
The company reserves the right to refer any employee to any
doctor to ascertain the geniuses of sickness
Employees intending to proceed on leave for ‘Number of
days’ days or more should apply for the same well in
advance.
Leaves Described
Sick Leave
Employees may apply for sick leave when they are not well, ‘1’
day of leave per month is granted in any specific condition it can
go up to ‘7’ days (Paid)
Casual Leave
Employees can take up to ‘6’ days for casual leave in a year, 0.5
days per month.
Marriage Leave
Marriage Leave is usually ‘3’ days leave but can go up to a
maximum of 15 days, as marriage leaves are not mandated by
Indian law, hence this leave is deducted from earned or casual
leave balance.
2
Maternity Leave
Maternity leave and benefits shall be granted as per the
Maternity Benefit Act 1961 Women employees can take maternity
leave before and after they deliver the child for up to ‘6’ months.
During this leave period, the employer must pay the women
employee her entire salary.
Paternity Leave
Paternity leave shall be granted for a maximum of ’15 days’, to
all male employees on account of childbirth or adoption of a
child. Paternity Leave needs to be availed within ‘6 Months’ of
the birth of the child.
Bereavement Leave
Bereavement Leave doesn’t have any standardized law in India,
but still, employees can still take up to 7 days of paid leave.
Leave During the Probation or Notice Period
Employee serving their probation period will/ will not be entitled
to take leave in the normal course. Employee serving their notice
period will/ will not be entitled to take any leave in the normal
course. Whereas they are entitled to take sick leave.
Optional Leave
This leave specifically belongs to an employee who follows a
particular religion or culture & must take a leave other than sick
or casual leave. These are not mandatory leaves hence companies
can operate.
3
Leave Without Pay
Employee may apply for leave without pay in case of negative or
insufficient or no leave balance.
Leave Accumulation/ Encashment Policy
An employee is allowed accumulation of a maximum of ‘Number
of days’ days of leave. Leave over and above this limit will get
automatically encashed at the beginning of the next calendar
year. Any time the accumulated leave exceeds ‘Number of
days’ days, the employee has the option to encash leaves
over ‘The same number’ days. For this calculation leaves
accumulated during previous years only will be considered. Leave
encashment is calculated on the basic salary. Leave encashment
will be done through to the payroll process only.
