How Does Taking a One-Day Leave Without Pay Affect My Salary Calculation?

sudheesh-nambalath
If I am taking one day leave (LoP), how is it going to affect my salary? Is it calculated based on my Gross Annual Salary divided by 365?
umakanthan53
Dear Sudheesh, if you take one day of leave without pay (LoP), it should be calculated based on the total days of the particular month only. This means your monthly gross salary needs to be divided by the actual number of days in that month—whether it be 28, 29, 30, or 31—to calculate the deduction for one day of LoP.

Thank you.
If you are knowledgeable about any fact, resource or experience related to this topic - please add your views. For articles and copyrighted material please only cite the original source link. Each contribution will make this page a resource useful for everyone. Join To Contribute