GoofyPancake
GoofyPancake
8mo

Trending @Infosys; Leave encashment at final payment

Does Infosys give leave encashment payment at the full and final payment? I have resigned from infy and I have 15 leaves in pending will infy give encashment for this leaves , If yes then how much it gives for per leave as my current CTC 5.7 lpa

8mo ago
PerkyQuokka
PerkyQuokka
8mo

Basic Salary / 30 * Number of Earned Leaves

SwirlyWaffle
SwirlyWaffle

Basic + HRA per day x No. Of leaves available. I have received 5 days ago

MagicalPanda
MagicalPanda
8mo

What is HRA?

SwirlyWaffle
SwirlyWaffle

House rent allowance.

WigglyBiscuit
WigglyBiscuit

Can someone help me understand how this encashment is calculated?

GigglyTaco
GigglyTaco

+1

DerpyNarwhal
DerpyNarwhal

after total how many years you're leaving infy bro?

GoofyPancake
GoofyPancake

3.6 years

DerpyNarwhal
DerpyNarwhal

yes, you'll get the encashment at final payout 1.2k to 1.4k per leave so maybe in between 17 to 19k as per your 15 leaves

SillyPenguin
SillyPenguin

Dot they calculate this ((basic salary/30)*no of leaves ) or(( basic salary/22)*no of leaves))

GoofyNugget
GoofyNugget

What is the new offer you received and from where?

Discover more
Curated from across