Srinivas Nednurkar
Hr Operations
Hr Manager
+3 Others

Thread Started by #anitakumari09

Hi all, can anyone please tell me that does CTC calculation includes leave encashment and gratuity also. Thanks Anita
20th November 2011 From India, Chandigarh
Gratuity part is included by some companies. But I never heard about the inclusion of leave encashment in CTC as most employees avail the leaves. Pon
22nd November 2011 From India, Lucknow
Dear Anita, The CTC structure always depends on company policies. Leave encashment has a cost factor attached to it. So it can be included in CTC calculation. Regards, Pratima
23rd November 2011 From India, Mumbai
Dear, Its rights of an employee to get leave after complition of one year so I think it can not be included in CTC.
23rd November 2011 From India, Silvassa
Leave is a statutory part, which can't be made part of CTC, bcz it follows some Act. Rest is dubject to company's policy. CTCt is not a statutory part. Hence Leave Can't be a CTCT part, its obligatory either allow person to take leave EL/PL or have to pay at the time of final settlement as law prevail in the companies.
Arun Kumar
23rd November 2011 From India, Delhi
to give an example my company a PSU under central government does includes leave encashment in CTC.
24th November 2011 From India, Calcutta
can any one provide me the calulation part of leave encashment.. how exactly it is calculated on CTC
24th November 2011 From India, Hyderabad
Reply (Add What You Know) Start New Discussion

Cite.Co - is a repository of information created by your industry peers and experienced seniors. Register Here and help by adding your inputs to this topic/query page.
Prime Sponsor: TALENTEDGE - Certification Courses for career growth from top institutes like IIM / XLRI direct to device (online digital learning)

About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2019 Cite.Co™