New Dillu. Due to increasing work pressure, employees are often not able to utilize their entire leave, due to which many leaves get exhausted at the end of the year. But now the new labor rules have changed this situation. Under the provisions implemented by the Central Government, employees will get direct financial benefits of their remaining holidays.
What has changed in the rules?
According to the new labor provisions, now companies will have to pay the additional remaining holidays of their employees. That is, if the employee is not able to take all his earned leaves in a year, then they will no longer go waste, but cash will be given in exchange for them.
Holidays will be credited only for 30 days
Under the rules, an employee can save a maximum of 30 days of earned leave for the next year. If more holidays are left than this, it will be mandatory for the company to pay the additional days in the same year.
Eligibility for leave eased
Earlier, to get the right to earned leave, it was necessary to work for 240 days, but now it has been reduced to 180 days. This means that employees will now become eligible to earn and avail leave in a short time.
You will get money quickly if you leave your job
The new rules have been made keeping in mind the interests of the employees. If an employee leaves the job or is removed, the company must pay his entire dues within 48 hours. This will end the long wait for payment.
Now there will be benefit even if you do not get leave
If the employee applies for leave on time and is not approved, such leave will also be protected. They will not be added to the 30 day limit, which will result in no loss to the employee. These changes will provide double benefit to the employees, on one hand their hard earned holidays will be protected, and on the other hand they will also get the benefit of additional income.
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