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encashment leave calculation

airin
Member
Wed, 28 Dec 2016 12:29:07 PM  (Last updated: Thu, 29 Dec 2016 01:53:31 PM)

Hi,

Would like to ask, I jus resigned from my company. I got encashment leave for 17 days. when my last salary been paid out, i get confused on the calculation method. my salary is above rm3k. i understand that the basic formula for encashment is gross pay / 26. 

is that supposedly to be counted as gross pay / 22 x total encashment leave

can anyone here help me?

KL Siew
Administrator
Thu, 29 Dec 2016 01:53:31 PM

Since your salary is more than RM2000, you are not covered by the Employment Act. As such, any payment for leave balance may go according to the practice and policy of the company.

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