Max Leave Encashment During the Pandemic

Hi,

What is the maximum leave encashment allowed for an employee?

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No of leaves eligible.

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It’s upon the policies set by every Org. But maximum cannot exceed a certain number.

But considering the pandemic companies are trying to have more encashment.

Beyond the minimum leaves given (example: 18 or 24 a year) any additional leaves given can be purely encashed.

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Hi Dinesh,

I understood the calculation of 18 but how did you say 24? In which case, 24 leaves are accumulated a year?

Thanks,
Deepti

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Hi @Deepti

It’s like 1.5 a month (i.e 1=20 days of working) + sick leaves of 6 a year (1.5 a quarter). So together 24. In most cases sick leaves are given apart from the general 18

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Okay. Got it. Thanks.

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