This is the employment act stated in one of our country's gov. website.
A party may terminate the contract of service without waiting for the required notice period to expire by paying to the other party a sum equal to the amount of salary which would have been earned by the employee during the required period of notice.
I have an example to enquire & I need to know the calculation to be done.
Eg. Miss A has worked for more than 2 yrs in a co. and she has decided to resign without serving her 1 month's notice. She is required to work 5 days a week. Her gross salary is $1900 a month. In the month of June 2009 she has worked till 18th of the month & she submitted the resignation letter on 19th of the month.
a) Is her last day of work on the 18th of July?
b) How much does she needs to pay to the co.?
c) If she worked till the 18th, meaning she hasn't been paid her June's salary yet, can she use this amount to offset the compensation that she needs to pay to the co.?
d) If yes, how much more has she got to top up?
17th June 2009 From Singapore, Singapore
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