Hi all, can someone pls tell me how to calculate my leave encashment? Suppose my basic is 50,000 and I have 20 leaves left, how much can I expect? What's the formula?


Will leave encashment be calculated only on basic or basic plus flexible?

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

It would be 33333.
(50000 / 30) * 20 =33,333.333

likesmart

Basic only.

That's why always remember use leaves as much as possible

Like sick leave in dec it should be zero.

EL should be 10 max to carry forward so in year we are getting 20 then use 10 as well.

Management keep crying there is no ending so use the leaves and make life easy

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