Hi Team, There are new changes in my company related to the pay cycle. Earlier, it was from the 1st to the 30th, and now this is changing to the 25th to the 24th. Can anyone please share any letter format or email format to inform employees? Due to these new changes, employees will receive 5 days less salary. Please address my query.
From India, Delhi
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From India, Delhi
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Hi, The salary pay cycle is for the convenience of processing the salary and crediting it at an early date (at the start of the month). The 25th to 24th pay cycle does not mean that the employee will receive a reduced salary. The employee will continue to receive their full month's salary only. The only difference is that any leave or leave without pay (LWP) taken by the employee after the salary cut-off date will be reflected in the next salary cycle.
From India, Madras
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1016From India, Madras
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