Professional Documents
Culture Documents
Reduce Time
Automation of Work
Accuracy
Ease of work
Organizations policies impact on
HRIS
Leave and Time Of
Compensation
Reimbursement Policy
Rewards and Recognition Policy
Leave and Time Of
Employees have to inform their respective
manager and have to take approval on
Email.
Manager share it with Administration team.
Going Forward employees have to apply for
time of and leave in portal and the request
will route to manager for approval in system.
leave and time of balance will be calculate
through system
Leave Encashment Policy
To provide encashment of unused leave to
the credit of employee in the event of
normal retirement, disability in service or
termination of employment.
The Maximum leave accomplishment will be
42 days
The amount of leave encashment to be paid
will be calculate on basis of below formula
No of unused days of privilege leave * Annual
base salary/260
Compensation Structure
Compensation Structure for all
employees will remain same.
Compensation calculation is as below
Sr.
No. Component Annual Amounts Comments
A Basic XYZ Calculated at 2/3 of base salary
Balancing amount after removing
B HRA XYZ all components (i.e. A,C,D,E,F)
C Meal Allowance 26400 Fixed
Conveyance
D Allowance 19200 Fixed
Medical
E Reimbursment 15000 Fixed
Base Salary (A+B+C+D+E)
Providend Fund 12.50%
Graduity 4.83%
Base Salary + PF +
Cost to Company Graduity
Reimbursement Policy
Employees can reimburse Medical
Reimbursement and House rent
allowance