When a new employee joins in the middle of the month, how do we calculate his salary for the first month?
We take 30 days per month formula to arriave at daily salary for loss of pays etc. If an employee joins on March 3rd. Should we consider 31st also and pay 29 days salary or should we consider upto 30th only and pay 28 days salary?
We take 30 days per month formula to arriave at daily salary for loss of pays etc. If an employee joins on March 3rd. Should we consider 31st also and pay 29 days salary or should we consider upto 30th only and pay 28 days salary?