Why is Privileged Leave Balance is divided by 2, while giving leave encashment

LBJD

Why is Privileged Leave Balance is divided by 2, while giving leave encashment
13th February 2019 From India, undefined

1077

Hi LBJD,
Generally PL/EL leave encashment is allowed 50% of what is in the credit of one's leave a/c. That's why - leave balance/2 to arrive at 50%. However you have to examine this w.r.t. your co's leave policy to have a clear picture.
14th February 2019 From India, Bangalore

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Why is Privileged Leave Balance is divided by 2, while giving leave encashment

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