TCS
TCS
on
BouncyBiscuit
BouncyBiscuit
22mo
by

Hi all. What is the leave encashment policy after resigning tcs? How its calculate. I will have 52 or 56 once i left.

22mo ago
BubblyMochi
BubblyMochi

Monthly Basic/22 x EL

BouncyBiscuit
BouncyBiscuit
22mo

Thankyou.

GoofyBagel
GoofyBagel

22? considering only working days??.. Basic is very less compared to others... IT S##KS

CosmicDonut
CosmicDonut
22mo

Here 22 (working days) is actually good for you right.. it's in the denominator. What's not good is that they consider basic only. So it's better to take leave than encashing it, unless you don't want the leaves.

TwirlyCupcake
TwirlyCupcake

AFAIK, they will take care of encashment in Full and Final Settlement. Coming to the calculation, it is equal to number of leaves you have multiplied by basic salary per day you drew last month.

BouncyBiscuit
BouncyBiscuit
22mo

Thanku.

SnoozyPanda
SnoozyPanda
22mo

(Per month basic salary ×12)/number of days in a year is your per day basic salary. Number or EL ×per day is what you will get in F&F

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