What's wrong with Siemens Healthineers?

There is a policy that employees can encash 45 days of earned leave, in order to prevent this they have made it mandatory to apply for 15 days of leave in a year and if not applied the balance will be deducted by default. The irony is every year the total number of earned leaves credited is 15 !!!

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One side we have leaves that are going to lapse, other side workload won't allow you to take over no leave encashment and also this year only a week holiday. There is no surprise when we see company is moving most the work/positions from Germany to India as anything can be done here with workers.

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It's 22 earned leaves per year so you will be left with 7 per year max and manager said that after hybrid people are not putting leaves and managing small works in between work hours. Probably that feels true for some level. Atleast they are giving 15 days forced leave to prepare for interviews for next company 😀

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Could it be a hint that there could be a round of layoffs in Jan/Feb, so that they don't have to pay for the PLs during termination?

No. I think shs will not do layoffs.

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Cheers!

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Credit Suisse Hey All,
Does CS provide leave encashment in India?
I have resigned last week and have around 20 leaves in my balance.Credit Suisse Citi

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Happy New Year!

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Additional Posts in Siemens-Healthineers

I am looking for sr Engineer/ sr executive/Assistant manager positions in Manufacturing/SCM areas . Kindly refer me for any open positions.

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