If your company practises leave encashment (calculating unused leaves for resigned employees), it is not automatically calculated in Talenox. To do this, you will need to manually calculate the amount and add in as "Leave Pay" under Ad Hoc Payment/Deduction tab.
Below are two formulas that you can use:
- Formula: (Basic Salary x 12 months) / (52 weeks x no. of working days each week) x No. of leave days left to encash
- Or you can simply refer to "Regular Days" rate under Hourly/Daily Attendance tab
- Formula: (Basic Salary x 12 months) / (52 weeks x 7 days) x no. of leave days left to encash