Employee Retirement Policy in India For Pharma Company
Just like companies have recruitment policies, leave policies, they also have employee retirement policy in India. As an employee of a company, you must know the company retirement policy and procedure to avoid any confusions. Retirement policy in private company differs from the ones in government organizations.
We bring sample Retirement Policy for pharma companies in India for your reference. You can use it for developing one for your own organization by customizing it a little. Download and use it for free.
Click here to download Employee Retirement Policy For Pharma Company
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Also learn about the sandwich leave policy that is followed by various companies.
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Click and read about the Leave Policy followed by companies in India.
Categories: Others Tags: Date of Retirement, Drug Policy, Employee, Pharma Company, Retirement Policy
Sandwich Leave Rule Policy In Simple Words
Sandwich Leave Rule Policy is a Saturday Sunday leave policy followed by many companies. It implies that when term holidays fall between two availed leaves then in that case they all merge together and they are considered as sandwich leaves. For example, if Sunday is an official holiday in a company and an employee takes Saturday and Monday as offs then in that case, Sunday, the official holiday, will also be counted as a leave making it a sandwich leave of three days. This is basically Sunday holiday rules followed by companies in order to prevent their employees from taking long holidays by utilizing the weekends.
There are different Sandwich leave formats followed by companies subjective to their rules. Sandwich leave policy is legal and counts official holidays as leaves if they are sandwiched between leaves.
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Categories: Leave format Tags: Leave, Leave Policy, Leave Rules, Sandwich