( MACOBiE ) Re: MACOBiE HR Pay out Policy

Dear Mr. Manish

Leave encashment policy will vary from company to company. However, in general, encashment of leave is

paid on the last drawn salary's basic and DA or basic + HRA with number of days (only PL or EL) available in employee's credit divided by 30 .

Such terminal benefit must be calculated well in advance and to be handed over on the last  working day of

the employee's retirement day.

Regards

L.Kumar

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From: Manish Pandey <sincerework@yahoo.com>
To: SixSigmaHR@yahoogroups.com
Sent: Fri, 25 June, 2010 10:28:56 PM
Subject: Re: MACOBiE HR Pay out Policy

 

Hi can anyone send me details on the leave encashment policy once the employee retires? Do keep in touch. IMPOSSIBLE = I AM POSSIBLE Take Care + Best Regards Manish --- On Wed, 6/23/10, manasi kulkarni <manasi.137@gmail. com> wrote: From: manasi kulkarni <manasi.137@gmail. com> Subject: MACOBiE HR Pay out Policy To: SixSigmaHR@yahoogro ups.com Date: Wednesday, June 23, 2010, 1:01 PM   Hi Can anyone explain me HR Pay out policy? Regards Manasi Kulkarni

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