Salary Calculation Confusion: Is My Company Deducting Leave Days Correctly?

praveenr22
Hi All,

I have a query regarding leaves. My company is calculating salary based on working days, which is 20. If they calculate like this, LOP per day will be very high. Previously, they used to calculate salary based on calendar days, which is 30 days. However, if a person takes leave on Friday and Monday, they used to deduct four days' salary. Is this the correct method to calculate salary?

Please reply.

Regards,
Praveen
pawan.krish
Hi Praveen,

Leave calculation is correct, but Manpower days need to be calculated based on a 30 or 31-day month. We pay salaries on a monthly basis, so it's better to calculate salaries on a 30-day basis. This approach will be effective and beneficial for employees. Please consider this and proceed.

With cheers,
Pawan Krishna Reddy C.
sai prasad.r
Dear friend,

I think we will be calculating 26 (excluding 4 Sundays) working days, taking 30 days per month. If it is calculated this way, I hope it will be helpful.

Regards,
Sai Prasad
jelsonfrancis
Hi everybody,

I wish to join ERP Financial in IDS System (Oracle Apps Education Center) in Bangalore. If anyone knows about this institute, please let me know.

Thanks,
Francis
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