How is EL calculated if an employee reaches the maximum accumulation level?
For example, in an organization, there is a rule that 15 EL can be carried forward, with a maximum of 60. If an employee reached the ceiling level of 60 leaves in the 2019/2020 financial year and used 10 leaves in the 2020/2021 financial year, what will be the closing balance for 2020/2021 - will it be 60 or 50?
Thank you
For example, in an organization, there is a rule that 15 EL can be carried forward, with a maximum of 60. If an employee reached the ceiling level of 60 leaves in the 2019/2020 financial year and used 10 leaves in the 2020/2021 financial year, what will be the closing balance for 2020/2021 - will it be 60 or 50?
Thank you