Hello Seniors,
Paid leaves encashment should be done on gross or basic salary for existing employees?
If an employee resigns and has some accumulated paid leaves then while calculating his total paid leaves shall we count weekends as part of total paid leaves or only weekdays should be counted? For Example : if an exiting employee has 5 paid leaves in his account which need to be en cashed at the time of full and final settlement so shall we count them as 5 or 7 ?
From India, Gurgaon
Paid leaves encashment should be done on gross or basic salary for existing employees?
If an employee resigns and has some accumulated paid leaves then while calculating his total paid leaves shall we count weekends as part of total paid leaves or only weekdays should be counted? For Example : if an exiting employee has 5 paid leaves in his account which need to be en cashed at the time of full and final settlement so shall we count them as 5 or 7 ?
From India, Gurgaon
Dear Shikha
You may find answer to your query from below mentioned links of cite HR
https://www.citehr.com/458559-leave-...ml#post2050399
https://www.citehr.com/457371-leave-...ml#post2046878
Regards
Shailesh Parikh
Vadodara, Gujarat
9 98 97 10 65
From India, Mumbai
300You may find answer to your query from below mentioned links of cite HR
https://www.citehr.com/458559-leave-...ml#post2050399
https://www.citehr.com/457371-leave-...ml#post2046878
Regards
Shailesh Parikh
Vadodara, Gujarat
9 98 97 10 65
From India, Mumbai
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LEAVE ENCASHMENT NOT INCLUDED IN WAGES FOR P. F. CALCULATION.pdf
Leave Encashment & Salary Calculation.xls x