What is Pink Slip and Why It is Important | HRMantra HR Software

What is Pink Slip and Why It is Important | HRMantra HR Software

2-2 minutes 

The word pink slip is used to refer to a notice which is given to an employee for dismissal. It means an official notification stating that the employee has been eliminated from the services, and his services are no longer required. It can also be considered as an informal term for termination letter.

In simple words, it means that you are fired. It isn''t welcomed by the employees for most of the people due to obvious reasons.

What Is The Meaning Of Restricted Holidays And Its Significance | HRMantra HR Software

Sukriti Saini 4-4 minutes 6/13/2019

Restricted Holidays Meaning

The leave policy and holiday allowance in each organization is defined in accordance with the concerned state''s Shop and Establishment Act. Hence, employees are restricted to availing a limited number of holidays as per their corporate leave calendar prepared based the same. Certain optional holidays of local importance which do not apply to every working professional have been mentioned in this act. Any such catalogue of optional holidays is termed Restricted Holidays. Out of this list, employees can avail only two holidays in a year based on their convenience and discretion which implies that it is a working day in offices on such occasions. These paid time offs have been added to the record of holidays to promote cultural and religious pluralism of the country.

Restricted Holidays 2021

Here is the list of 34 restricted holidays 2021 for your perusal. Take a look.

• New Year''s Day – 01 January 2021 – Friday
• Lohri – 13 January 2021 – Wednesday
• Makar Sankranti/Magha Bihu/ Pongal – 14 January 2021 – Thursday
• Guru Gobind Singh''s Birthday – 20 January 2021 – Wednesday
• Basant Panchami /Sri Panchami – 16 February 2021 – Tuesday
• Shivaji Jayanti – 19 February 2021 – Friday
• Hazarat Ali''s Birthday – 26 February 2021 – Friday
• Guru Ravi Das''s Birthday – 27 February 2021 – Saturday
• Swami Dayananda Saraswati Jayanti – 08 March 2021 – Monday
• Maha Shivaratri – 11 March 2021 – Thursday
• Holika Dahan/Dolyatra – 28 March 2021 – Sunday
• Easter Sunday – 04 April 2021 – Sunday
• Chaitra Sukladi / Gudi Padava / Ugadi / Cheti Chand / Vaisakhi /Vishu – 13 April 2021 – Tuesday
• Mesadi Amil New Year''s Day – 14 April 2021 – Wednesday
• Vaisakhi (Bengal) / Bahag Bihu (Assam) – 15 April 2021 – Thursday
• Jamat-Ul-Vida – 07 May 2021 – Friday
• Guru Rabindranath''s birthday – 09 May 2021 – Sunday
• Rath Yatra – 12 July 2021 – Monday
• Parsi New Year''s day/Nauraj – 16 August 2021 – Monday
• Onam or Thiru Onam Day – 21 August 2021 – Saturday
• Raksha Bandhan – 22 August 2021 – Sunday
• Janmashami (Smarta) – 30 August 2021 – Monday
• Vinayak Chaturthi/ Ganesh Chaturthi – 10 September 2021 – Friday
• Dussehr (Saptami) – 12 October 2021 – Tuesday
• Dussehr (Mahashtami) – 13 October 2021 – Wednesday
• Dussehr (Mahanavmi) – 14 October 2021 – Thursday
• Maharishi Valmiki''s Birthday – 20 October 2021 – Wednesday
• Karaka Chaturthi (Karwa Chouth) – 24 October 2021 – Sunday
• Naraka Chaturdasi – 03 November 2021 – Wednesday
• Govardhan Puja – 05 November 2021 – Friday
• Bhai Dooj – 06 November 2021 – Saturday
• Pratihar Shashthi or Surya Shashthi (Chhat Puja) – 10 November 2021 – Wednesday
• Guru Tegh Bahadur''s Martyrdom Day – 24 November 2021 – Wednesday
• Christmas Eve – 24 December 2021 – Friday

Restricted Holiday Example

Some of the common Restricted Holidays are New Year, Makar Sankranti, Onam, Raksha Bandhan, Guru Gobind Singh Birthday etc. It is the duty of an employer to keep the new joiners, as well as the existing workforce, posted about the Restricted Holidays. Be it at the very moment when they share an offer letter template with the newbies or at the start of every new year for those already working. Not only this will help every individual to plan leaves in advance, but also with their free will.

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