Dear Friends,
Last month we had terminated one of worker in our company for reducing manpower.we have to make them F&F settlement.
I have one query,we have to give notice pay for one month salary,these notice pay calculated on the basis of gross salary or basic +DA.
pls give easy example for the same.
Thanks in advance
Regards,
Venkatesh J
Last month we had terminated one of worker in our company for reducing manpower.we have to make them F&F settlement.
I have one query,we have to give notice pay for one month salary,these notice pay calculated on the basis of gross salary or basic +DA.
pls give easy example for the same.
Thanks in advance
Regards,
Venkatesh J