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Calculation Of Leave Encashment [Thread 7393] - CiteHR

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shahane
While calculating per day salary of Monthly rated employee, for Leave Encashment, whether we should divide monthly salary by 26 or 30 Regards
From India, Bangalore
sriharsha
6

For caliculating Leave Encashment we taken 30 days, at the time of caliculating Gratuity then we consider as 26 days
From India, Visakhapatnam
abbasiti
517

I came to hear that there is a DPE (Department of Public Enterprises) guideline to divide by 30 for leave encashment of Previlage/Earned Leave. Abbas.P.S
From India, Bangalore
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