Leave Encashment Process: How Do You Handle It in Your HR Role?

krishnappa.k@bvgindia.com
I am currently working as an HR Executive and have a question about leave encashment. Could you please let me know the procedure for leave encashment?
hr.bhanu30@gmail.com
Leave Encashment Formula

Leave encashment can be calculated using the following formula:

Leave Encash = (Gross Salary * No. of PL) * No. of Months / 365

Regards,
Bhanu
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