SillyPancake
SillyPancake
5mo

Trending @Cognizant; Clarification on Leave encashment calculation

Can anyone confirm whether LE will be calculated solely on the basic salary or other components are included such as HRA, conveyance allowance, special allowance

5mo ago
JumpyKoala
JumpyKoala

Calculation is like - earned leaves * (basic salary/365)

SillyPancake
SillyPancake

Yes in this calculation basic how they will calculate..for ex my last pay is 1L and out of this 40k is my basic..so Leave encashment will be on only basic?

GroovyPickle
GroovyPickle

Based on the basic salary only and nothing else is added up.

SillyPancake
SillyPancake

It means company to company it's defer, my previous company gave last pay/30 including all..have you got fnf?

FluffyPotato
FluffyPotato

+1

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