GK
BUSINESS MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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the number of hours an employee is expected to work
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work life balance
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annual leave entitlements and other entitlements
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public holidays
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redundancy pay
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Detailed explanation-1: -Pay – As a general rule, an employee who is required to work on a public holiday is either provided double the amount of ordinary wages or a substitute time off for the amount of work performed on a public holiday with wages. Industrial Employment Act (Standing Order)(Schedule-I A), Sec 10.
Detailed explanation-2: -Mandatory Holidays The three national public holidays in India, which are mandatory, are: Republic Day (January 26th) Independence Day (August 15th) Gandhi Jayanti (October 2nd)
Detailed explanation-3: -It is not mandatory for private companies to declare all public holidays, as announced by the State Government/Central Government.
Detailed explanation-4: -All national holidays are compulsory holidays for private companies in India.
Detailed explanation-5: -A juvenile employee under the age of 15 is eligible for a compensated or earned leave of one day following completing 15 working days. An adult employee, however, is eligible for this leave after 20 days of employment. For an adult worker and a child worker, the leave period lasts for 20 and 15 working days.