First approved in meeting of the Board of Governors under agenda no.12 dated 15/03/07
Amended in meeting of the Board of Governors under agenda no. 21 dated 31/10/13
Amended in meeting of the Board of Governors under agenda no. 08 dated 28-10-2023.
- Free Medical Facility: First aid and medical facility available at the Institute’s medical room.
- Tuition fee concession to the wards of employees studying in any institute of PIET: Wards of employees studying in any institute of PIET can avail concession up to 50% in Tuition fees.
- Accommodation facility for the staff is available in the campus.
- Staff Club/ Recreational Club for the staff.
- Corpse Fund for the staff members/ family in the emergency situations. The loaned amount is realized back into the Fund without interest.
- Introduction of wellness Allowance:
- The employee, to whom Medical Leave (M.L.) is admissible but does not avail of even a single medical/ sick leave (from his/her quota of 5 M.L.s of one year) over the admissibility year, can claim a ‘Wellness Allowance’ equal to 5 days’ salary (at the rate prevailing when the employee completes the admissibility year & not at the rate prevailing when the employee claims the Wellness Allowance) of the respective employee on completion of the admissibility year.
- Wellness allowance shall not be admissible in cases of 1 to 4 M.L.s balance from a year accumulated with 1 to 4 leaves from a subsequent year, with total amounting to 5 or more M.L.s, rather this Wellness Allowance (as the name connotes) shall be admissible to an employee remaining fit over the concerned admissible year, not availing a single M.L. regardless of his ‘accumulated’ M.L. balance being 5 or even more.
- Wellness Allowance if due but not availed of in each admissible year, may be encashed in 2nd or 3rd admissibility year. If an employee didn’t avail a single M.L. in 1st &/or 2nd admissible year(s), even though he/she may avail one / more/ all M.L.s of 3rd admissible year, yet he/she shall be entitled to encash wellness allowance of 1st &/or 2nd admissible years.
- Provision of encashment of Earned leave:
- Unavailed E.L.s will be accumulated for upto 3 years after the first net year of regular service at PIET. Total unavailed E.L.s at the end of 3 years (over which the E.L.s were accumulated), may be enchased at a rate of 50% of the balance E.L.s, e.g., if balance accumulated E.L.s are 20, then salary equivalent of only 10 days will be credited to the employee’s account, rest lapsed automatically.