Leave Accumulation/ Encashment Policy An employee is allowed accumulation of a maximum of‘Number of days’days of leave. Leave over and above this limit will get automatically encashed at the beginning of the next calendar year. Any time if the accumulated leave exceeds‘Number of days’days, ...
Above 5 years of experience - a total of 24 days per year, with a monthly accrual of three days, carry forward of a maximum of 24 days and 100% encashment Leave transactions for this leave type will be calculated as follows (sample format for Date of Joining 5th Aug 2015): ...