So, my question to this thread is this. Since private companies don't generally have DA as a component, why is any Earned Leave not paid out based on fixed components (Basic+HRA=Med Reimb, etc.)??
To be fair to employees, things such as HRA, medicals, etc are all baked into the fixed component. It just seems silly to hide behind "Basic" only and say that employees are encouraged to take leave to come back refreshed. Deep in our hearts, we all know it is just a nice way to save money by companies. Some companies allow employees to encash unutilized leave accumulated beyond 10 days (as an example). Am I being too simplistic to ask this- do companies feel employees require to be paid HRA only if they 'take' the leave but not if they encash their leave?