hi all,
Asper my knowledge is concern we commit to the employees on the basis of annual salary (eg; 2 lacs per annum).
variation in no of days in a month will not effect the month salary because when we talk about month salary we divide or multiply the salary with the same no of days.
Eg: for feb :
16600/28 *28 =16600
for March :
16600/31*31=16600
When we are dividing the salary with no.of days in a month we need to calculate no. of present days for that particular no.of days in a month.
Rgrds,
Annapurna.N
Asper my knowledge is concern we commit to the employees on the basis of annual salary (eg; 2 lacs per annum).
variation in no of days in a month will not effect the month salary because when we talk about month salary we divide or multiply the salary with the same no of days.
Eg: for feb :
16600/28 *28 =16600
for March :
16600/31*31=16600
When we are dividing the salary with no.of days in a month we need to calculate no. of present days for that particular no.of days in a month.
Rgrds,
Annapurna.N