WEBKYPE INFO SERVICES LEAVE POLICY – APPLICABLE FROM 1st APRIL 2024.
***** PAID LEAVES *****
Paid leaves are the leaves that are approved by the employer when an employee applies for leave or informs about it, paid leaves are deducted from the leave allocated balance provided to the employee by the organization in a year so they don’t have any impact on the remuneration of an employee. There are various types of paid leaves which are as follows:
a) Sick leave : Sick leave is offered when an employee falls sick. It is framed keeping the employee’s health in view. It is mostly availed by the employees during sickness or any medical emergency.
b) Casual leave: Casual leave, also known as personal leave or short-term leave, is a type of leave granted to employees for personal reasons that do not fall under other specific leave categories, such as vacation or sick leave. Casual leave is typically intended for unplanned or unforeseen situations that require an employee to be absent from work for a short period. Casual leaves are offered when an employee needs to take care of family emergencies or to address any personal matters.
c) Maternity leave : Maternity leave is especially available for those women employees who are expecting to have a baby through pregnancy and childbirth. No deductions can be made from the leave account of the female employee. It is designed for new mothers to recover from childbirth, bond with their new-borns, and attend to the needs of their expanding family. According to the Indian Maternity Benefit Act 1961, new mothers are entitled to take 6 months or 26 weeks of paid leaves for their first 2 children. such type of leave is fully paid by the employer.
d) Paternity Leave : Paternity leaves are the leaves provided to new fathers to take care of their partners and support the expanding family needs as well as share responsibilities in managing their newly born infant along with their partners. The duration of such leave can vary from a few days to several weeks according to different company policies and procedures.
e) Earned Leave : Earned leaves refer to the accumulated leaves that employees gather during their term of service to avail later for vacation, relaxation, personal emergency, and more. These are also known as Paid Time off (PTO), annual leave, or vacation leave.
f) Marriage Leave : These are kinds of leaves that are provided to employees during their marriage. the duration can vary as per the company’s policies.
|
Ref# |
Leave Type |
Leave Category |
Granted / Year |
Remark |
|
a) |
Sick leave |
Paid Leave |
10 Days |
As per policy |
|
b) |
Casual leave |
Paid Leave |
14 Days |
As per policy |
|
c) |
Maternity leave |
Paid Leave |
60 Days |
Only For Married Pregnant Women |
|
d) |
Paternity Leave |
Paid Leave |
07 Days |
Only For Married Men ( New Father) |
|
e) |
Earned Leave |
Paid Leave |
02 Days |
Depends on Your Working Years* |
|
a) |
Marriage Leave |
Paid Leave |
10 Days |
Proof of Marriage is Required |
|
b) |
|
|
|
|
***** UNPAID LEAVES *****
a) Loss of Pay (LOP) : When an employee goes on ‘leave’ without the prior permission of their manager or senior, then the company considers this as ‘loss of pay’ leave even if the employee has leave balances in their account. The company can consider this as LOP because the employee did not inform about the leave of the department / HOD which could have a high potential of disrupting some urgent or serious workflows leading to non-accomplishment of necessary tasks.
b) Leave without Pay (LWP) : When an employee informs their reporting manager about the leave through a phone call or a message but doesn’t have leave credit left in their account, then this leave can be considered as ‘leave without pay (LWP)’. Leave without pay (LWP) and loss of pay (LOP) both are quite similar.
|
Ref# |
Leave Type |
Leave Category |
Granted / Year |
Remark |
|
A |
Loss of Pay (LOP) |
Unpaid Leave |
0 Days |
As per policy |
|
B |
Leave without Pay (LWP) |
Unpaid Leave |
0 Days |
Not Acceptable May Impact Salary/Job |
Order By :
Gajendra Singh
CEO @ Webkype Info Services Pvt Ltd.