Annual Leave on prorata calculation for new joining in between the calendar year - CiteHR
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Hello All,
We have leave policy is as follows, also note we credit leaves at the starting of every year
PL: 28
SL: 7
* Out of 28 PL only 18 will be carry forwarded next year.
*Maximum accumulation of PL is 50 and SL is 28.
Please help me with excel formula for prorate leave entitlement formula for employees who join in middle of the year
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Hi,
This formula will be based on year calculation.
Type of leave & Qty - PL-28
Number of month in year - 12
Starting of leave calculation(suppose)- April
Joining month (suppose)- November
So calculation- 28/12*(Nov. to Mar.balance months)
28/12*(6)
12 leave can provide
Pls calculate average date for joining in middle of month.
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