What is the policy on variable salary to employees during their privilege leave/ earned vacation?
We contend that the employee is not paid any variable salary since he was on vacation and there is no activity and as such variable salary is based on variable salary.
In my Company till there is Leave Balance we pay all the Variable Pay which is part of CTC but once Leave exhausted we don't.
Dear colleague,
During authorized leave period , all components of monthly salary is payable which is very wide spread and predominant practice. It is only when he is on loss of pay that proportionate salary and variable allowances are deductible.
Vinayak Nagarkar
HR- Consultant
Add Reply Start A New Discussion

Cite.Co - is a repository of information created by your industry peers and experienced seniors. Register Here and help by adding your inputs to this topic/query page.

Prime Sponsor: TALENTEDGE - Certification Courses for career growth from top institutes like IIM / XLRI direct to device (online digital learning)

About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2019 Cite.Co™