Can anyone please share the calculation on leave encashment in Accenture GN, I understand maximum 30 days leaves are getting encashed but need to understand the formula for calculating the sameAccenture

like
Posting as :
works at
You are currently posting as works at

Fixed / 2080*no of hours

like

Does this means if we have a balance of 30 days I.e 240 hours then the amount will be more than one months salary before tax since the calculation is based on hours not days, is that the right understanding?

like

Max 45 days..total fixed/240* no of leaves

Max no. of days vary as per state rules..refer leave policies

Yeah, for Gurgoan it's 30 days max, just wanted to understand the payout calculation, will that be based in accumulated hours ?

In that case 30 days I.e 250 hours will have more than one months salary?

Is it taxable ??

In summary, its exempt upto Rs. 25,00,000


"Specified amount of Rs 25,00,000 is the aggregate amount allowed as an exemption irrespective of the frequency of leave encashment received by the employee by various employers. If an employee has utilised Rs 5,00,000 already at the time of first resignation, he is only entitled to use the balance of Rs 20,00,000 for the exemption computation next time. Hence, the overall employee is allowed a total exemption of only Rs 25,00,000 with respect to leave encashed from all employers."

like

Is there any policy document, to get clarity ??

@Accenture cleverly hided and not sharing the policy document to share the base for calculating the leave encashment amount

Related Posts

I have never seen anything so incredulous. He knows more than the Supreme Court now. He’s cray cray.

Post Photo
like

Does it bother you if a recruiter/agency posts a job opening on LinkedIn and the only way to apply is by responding in the comments?

I personally don’t like that approach for many reasons. Just wondering if I’m the only one.

like

72k + 7% bonus + WFH permanently

Or

90k hybrid 2-3 days in the office. (20min drive now however I am moving an 1.5 hours away)

They both have their benefits and company match.

The 90k is also a new team so a lot of growth opportunity while the 72k is well established team. If this matters at all.

like

Which A-list actors/actresses are your inspirations for getting into the film industry and why?

like

Inspired by a convo I was having, and I'm looking to create a list: can you please name any POC - esp. POC WOMEN - creative leaders at ECD level or above?

like

Curious to know the compensation range for positions at the EY delivery centers? Do all new grads start around 40k? Which roles get paid the most there?

like

Anyone willing to give a referral for a McKinsey?

like

A relative is raising a teenage son with her ex-husband. They have joint physical custody. The ex-husband has re-married. When the son is in his care, he often leaves the son at home in California with his (new) wife when he travels for work (which is often). The relative wants her ex-husband to leave their son in her care when he travels out of town but the ex-husband disagrees. The relative wants to know her chances of prevailing if she were to appear in court on this issue. Thoughts? Thanks!

like

Do Big 4 TAS groups mostly hire seniors in audit? Can you do exactly two years as an audit associate and then jump to Big 4 FDD?

like

I applied to Amazon job in LinkedIn . Got a mail to complete a Hacker Earth test from Amazon . But i felt not prepared and didn't even try it thinking i might fail and they might not shortlist me the next time when i apply again after preparing .
Do they track any data like who didn't attend the test so they can ignore them next time? Or if i prepare good enough and reapply again after 3 to 4 months would this cause any issue?
Amazon

like

How is the BGv done in IQVIA?
Do they call your reference contact?

@iqvia

like

Rah-Rah - the rags to riches cat.

Post Photo
likeuplifting

National insurance

how’s everyone feeling about this?

Quite miffed as I just got a small pay rise and now I think this plus the upcoming not rises in utilities and inflation will pretty much cancel it out.

This country is fucked lol

like

Hello guys what is the role of Java r&d department in bosch

like

Hi fishes, Anybody can refer me at EY and Deloitte? Tech stack: Manual/Automation Testing Selenium. NP: 50 days left
YOE: 3.7
EY Deloitte Deloitte USI

like

Vaidam Health review

How'd yall do this weekend? Or hows it looking tonight?

Ya boi came out with a W!

like

Am I able to access MyLearning before starting with Accenture? I received a Countdown to Accenture email and it included a piece about starting trainings before your first day, but both the link to MyLearning and the link to support for the link not working were unaccessible.

like

I have approx. $1M inherited wealth and looking for some investment ideas for easy liquidation options. Ideas ?

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal