Hi, Is variable dearness allowance part of calculating bonus, leave encashment and gratuity ?
From India, Bangalore
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From India, Bangalore
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Bonus is paid at 8.33% of your salary (where salary is considered as basic pay). Some companies pay bonuses according to turnover at year-end.
Leave encashment is calculated on either Basic, Basic+DA, or Gross, depending on company policy.
Gratuity is calculated on Basic + DA + a percentage of turnover if paid any.
snjv.nair
From India
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1Leave encashment is calculated on either Basic, Basic+DA, or Gross, depending on company policy.
Gratuity is calculated on Basic + DA + a percentage of turnover if paid any.
snjv.nair
From India
Acknowledge(0)Amend(0)CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
Dearness Allowance.xls
Dearness Allowance in India-The history.doc
Final Dearness Allowance for the month of July 2021 to December 2021.pdf