What is the Leave Encashment Calculator?
Many employers pay out unused earned leave at retirement, resignation or yearly. Enter your basic (or gross) salary, the leave days to encash and whether your company divides by 30 or 26 working days. The tool gives the per-day rate and the total encashment amount.
How to use the Leave Encashment Calculator
- Enter the monthly salary used for encashment (usually basic).
- Enter leave days to encash.
- Choose 30 or 26 day divisor.
Basic or gross?
It depends on your company policy or employment contract; government rules often use basic pay.
This Leave Encashment Calculator is 100% free, needs no signup and runs privately in your browser – on phone, tablet or computer.
Last updated: · By NodifyTech