Pls. suggest me about, how to calculate Leave encashment calculations in full & final settlement as per legal view ..
From India, Pune
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From India, Pune
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Leave encashment should be calculated on Gross Salary, unless specifically mentioned in writing that it will be on Basic Pay
From India, Ahmadabad
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747From India, Ahmadabad
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Dear Kamlesh,
In case any employee has availed leaves over and above his eligibility, the rate at which your company is deducting the amount from the employee should be the same rate you need to pay to the candidate. Unless you have a policy or certified standing orders, you need to pay in full.
Thank you.
From India, Hyderabad
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In case any employee has availed leaves over and above his eligibility, the rate at which your company is deducting the amount from the employee should be the same rate you need to pay to the candidate. Unless you have a policy or certified standing orders, you need to pay in full.
Thank you.
From India, Hyderabad
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Full n final settlement.doc