I need your advise on the following query:
In our company, the rule for rule without pay is to deduct the salary per working day. For example, if the salary of an employee is Rs 26,000 pm and the number of working days in a month are 26 - if the employee takes Leave without pay for 3 days, 3 x 26,000/26 = 3,000 would be deducted. Thus Sundays and other holidays are excluded from both the numerator and denominator.
Is this practice correct?
Thanks and await your response urgently
Tarun
In our company, the rule for rule without pay is to deduct the salary per working day. For example, if the salary of an employee is Rs 26,000 pm and the number of working days in a month are 26 - if the employee takes Leave without pay for 3 days, 3 x 26,000/26 = 3,000 would be deducted. Thus Sundays and other holidays are excluded from both the numerator and denominator.
Is this practice correct?
Thanks and await your response urgently
Tarun