Team, Severance pay calculation: if employee having 3.6 years’ service and having 4,50,000 salary per annum so how we calculate severance pay? OR if employee having 10 years’ service and having 8,60,000 salary per annum so how we calculate severance pay?
We are giving two months’ notice period to employee along with leave encashment(gross pay for annual leave’s).
We are giving two months’ notice period to employee along with leave encashment(gross pay for annual leave’s).