HRSINGAPORE Community Discussions
Encashment of Annual Leave - Update 1 (Replies)
May I enquire when your Company does encashment of annual leave to employees, do you based it on the current salary or the salary from 2017. The annual leave was brought forward from Year 2017. Kindly advise.
Encashment of annual leave is based on current salary, not the previous year’s salary.
We practice based on current salary.
The usual practice is to use current salary to encash. The logic is if the employee utilise his leave (whether earned in 2017 or 2018) now, he will be paid current salary.
We use the current salary rate over 52 weeks.
If the leave is allowed to b/f to this year, then we pay the latest salary.
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