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Search for "Leave Encashment Basic Salary"


Is the leave encashment calculated on last earned basic or it is calculated on the basic for the period during which the leave was earned?
Hi please tell me how do we calculate leave encashment. for eg: monthly gross salary is rs.10000/ out of which basic5000 hra2500 medical1250 conv800 misc allw450 then how much would be leave encashment of 5 days?? is the leave encashment calculated on last earned basic or it is calculated on the basic for the period during which the leave was earned?
Leave encashment
Can you anybody suggest how the leave encashment will be calculated if any employee salary has been raised at end of the year say salary has been change in march. does the leave encashment is caluclated on current basic or it should be prorated for 11 months in old basic and one month in current basic?
Encashment calculation - if leave encashment is paid on basic salary than lwp be deducted from the full salary?
Good afternoon all i have one query from our staff if leave encashment is paid on basic salary than lwp be deducted from the full salary. request that anyone can please share the clause for leave encashment and lwp
Leave encashment on basic or gross?
Dear all we are preparing leave encashment. we have to decide whether leave encashment should be on basic or on grosswe have tried to convince to employees about leave encashment on basic but employees are not convinced. please guide regards pratap m kamble 9689901446
Please suggest leave encashment should be calculated on full monthly salary or basic salary?
I am doing a survey on the leave encashment policy. please suggest leave encashment should be calculated on full monthly salary or basic salary? my company has 70 employees. i want to know what other companies of similar employee sizes are following.
Leave encashment
Dear all we have this leave encashment policy with us. this is the first time that we have taken up this policy to reduce the absentiesm. i wanted to know whether the leave encashment is calculated on the basic of the salary or on the gross amount. thanks & regards suhrita