Hi Everyone, We are a company based out of Madhya ...
# compensation-and-benefits
r
Hi Everyone, We are a company based out of Madhya Pradesh. Is it necessary to encash paid leave on resignation or termination of employees? Also I came across a new model of all purpose leaves(APL), which has PL,CL and SL combined under APL. Do APL also need to be encashed? Thanks in Advance
k
Hi @Rohit Malpani in all dues sense earned paid leave has to be encashed, it can be either done year to year based on the leave carry forward policy set internally, or encash it at the time of the employee exiting the organization based on accrual.