Leave Encashment Dilemma: Should We Divide Monthly Salary by 26 or 30 Days?

shahane
While calculating the per-day salary of a monthly-rated employee for Leave Encashment, should we divide the monthly salary by 26 or 30?

Regards
sriharsha
Leave Encashment and Gratuity Calculation

For calculating Leave Encashment, we take 30 days. When calculating Gratuity, we consider it as 26 days.

Regards
abbasiti
I came to hear that there is a DPE (Department of Public Enterprises) guideline to divide by 30 for leave encashment of Privilege/Earned Leave.

Regards, Abbas.P.S
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