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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?
Calculating earned leave
Hi please clarify my questions on earned leave based on this eg. as per our leave policy an employee is eligible for 15 days annual leave after completion of one year of service. leaves calculated from jan dec. suppose an employee joins in sept 2007 what will be his leave status. as on dec 2008? will he have 153.75 days of leave to his credit? how is it calculated. thanks gautami
Regarding calculation of earned leave
Hi if the leave cycle in a company starts from april every year and an employee joins in september then how is his earned leave calculated? please clarify the calculations of all leaves with examples please. thanks gautami.
Annual earned leave eligibility of female employees on maternity leave under esi act
We are working under factories act 1948. i would like to know while calculating the annual earned leave whether we need to consider the leaves of female employees who are under maternity as per esi act? whether they are eligible for earned leave for those leave days ?
Earned leave while on meternity leave
If an employee is in maternity leave for 84 days covered under esi. how els will be calculated does ml 84 days can be considered as working days?
Earned leave encashment
Hello how is encashment calculated? is it to be calculated on basic or gross? please clarify. regards sudha