No Tags Found!

I if take 2 days leave on per month , daily wages calculation based on no of working days or total days in a month. If based on no of working days say 26 then loss of pay will be higher, if based on total days in month, loss of pay will be less. What will be correct procedure for loss of pay calculation? Could you kind enough to help me on loss of pay calculation?
From India, Coimbatore

As per my understanding, it should be on number of days in that month. So typically 30/31. This is what we follow in our company.
From Netherlands

Most of the companies are considering the calendar days as a total number of working days. So the L O P will be calculated based on the day salary. ( Like 31/ total salary = day salary )
From India, Secunderabad
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.

Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR

All Copyright And Trademarks in Posts Held By Respective Owners.