Leave Encashment Calculator – User Guide
The Leave Encashment Calculator is a simple web tool designed to help employees calculate the monetary value of their unused leave days. It provides an easy way to determine how much money you can receive by encashing your accumulated leave.
How to Use the Calculator
Step 1: Input Basic Salary
- Locate the first input field labelled “Basic Salary (₹ per month)”
- Enter your monthly basic salary in Indian Rupees
- Example: If your basic salary is ₹50,000, enter 50000
Step 2: Enter Leave Days
- Find the second input field labelled “Number of Leave Days to Encash”
- Input the number of leave days you wish to encash
- Example: If you want to encash 10 leave days, enter 10
Step 3: Specify Total Working Days
- In the third input field labelled “Total Working Days in a Month”
- Enter the total number of working days in a month
- Typically, this is 30 or 26 days depending on your organization’s policy
- Example: If your company considers 26 working days per month, enter 26
Instant Calculation
- As you fill in all three fields, the calculator automatically computes your leave encashment amount
- The result will appear immediately below the input fields
Understanding the Results
Encashment Amount
- The calculator displays the total amount you can receive by encashing your leave days
- This is calculated by:
- Determining your daily wage (Basic Salary ÷ Total Working Days)
- Multiplying the daily wage by the number of leave days you want to encash
Detailed Breakdown
- Below the main result, you’ll see a detailed calculation breakdown
- This shows how your daily wage and encashment amount are calculated
Important Notes
- Ensure all inputs are positive numbers
- If you enter invalid inputs, an error message will be displayed
- The calculation is based on your basic salary and does not include other allowances
Example Scenario
- Basic Salary: ₹60,000
- Leave Days to Encash: 15
- Total Working Days: 26
- Calculation:
- Daily Wage = ₹60,000 ÷ 26 = ₹2,307.69
- Encashment Amount = ₹2,307.69 × 15 = ₹34,615.38
Limitations
- This calculator provides a basic calculation and may not reflect the exact policies of all organizations
- Consult your HR department for precise leave encashment rules specific to your company
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