Privilege Leave (PL) is earned time-off that the company offers so you can spend quality time with family and loved ones, travel and attend to important personal commitments that need you to step away from work. We encourage you to use your PL every year in a planned way, so you genuinely switch off and come back refreshed.
Eligibility for Entitlement
- Privilege Leave is applicable to all employees after confirmation.
- PL is earned on a pro-rata basis during the calendar year (January–December), subject to the accrual rules mentioned below.
- Each confirmed employee is entitled to 12 days of Privilege Leave per annum.
- At the start of every calendar year, 1 PL will be credited.
- You then earn 1 PL for every working month in that year.
- Example – If an employee is confirmed in June, they will earn PL from June to December. That means they will earn 1 PL per month, for a total of 6 PL in that calendar year.
- Employees cannot utilise Privilege Leave during the notice period.
PL will not accrue in the following cases:
- During the notice period
- During any period of Loss of Pay (LOP)
- During sabbatical or any approved unpaid leave
- During any period where the employee is not on active duty as per company records
Rules related to Carry Forward and Encashment
- At the end of each calendar year, all your unused PL will be carried forward to the next year.
- You can accumulate up to a maximum of 21 PL days in total (including carried forward balance).
- Once your balance reaches 21 days, no additional PL will be accrued until your balance falls below this cap.
- Any unused PL over the 21 days cap at the end of a calendar year will be encashed.
- The encashment amount will be processed and credited in the January salary of the following year.
- A resigning employee, whose separation is not due to fraud, forgery, misconduct, or any serious policy violation, will be eligible for encashment of unutilised Privilege Leave at the time of full and final settlement, as per company records.
- Encashment Amount = (Yearly Basic Salary / 365) × Number of eligible PL days