1. What is the Selling Back Leave Calculation?

The Selling Back Leave calculation determines the monetary compensation for unused leave days in Cambodia. It calculates the total payment based on the number of days and the daily rate in Cambodian Riel.

2. How Does the Calculator Work?

The calculator uses the Selling Back Leave formula:

Where:

• \( days \) — Number of unused leave days
• \( kh\_rate \) — Daily rate in Cambodian Riel (KHR/day)

Explanation: The equation multiplies the number of unused leave days by the daily compensation rate to calculate the total payment amount.

3. Importance of Selling Back Leave Calculation

Details: Accurate calculation of selling back leave is crucial for proper employee compensation, ensuring fair payment for unused leave days according to Cambodian labor regulations.

4. Using the Calculator

Tips: Enter the number of unused leave days and the daily compensation rate in KHR. All values must be valid (days > 0, kh_rate > 0).

5. Frequently Asked Questions (FAQ)

Q1: What is the legal basis for selling back leave in Cambodia?
A: The Cambodian Labor Law regulates leave entitlements and compensation for unused leave days.

Q2: Are there any limitations on selling back leave?
A: Yes, there may be limitations based on company policy, employment contract terms, and Cambodian labor regulations.

Q3: How is the daily rate determined?
A: The daily rate is typically based on the employee's current salary divided by working days in the month.

Q4: Are there tax implications for selling back leave?
A: Compensation for unused leave may be subject to income tax according to Cambodian tax regulations.

Q5: Can all employees sell back their unused leave?
A: Eligibility depends on company policy, employment contract, and compliance with Cambodian labor laws.