How to calculate unpaid leave

More
5 years 2 months ago #43 by renuka
renuka created the topic: How to calculate unpaid leave
Hi thr,

I understand that this is the formula to calculate unpaid leave:

1/month X basic salary

Do we need to calculate the total month ( 30 or 31 days) or just the working days only ( minus the weekends)

Please Log in or Create an account to join the conversation.

More
5 years 2 months ago #44 by Kap-Chew
Kap-Chew replied the topic: How to calculate unpaid leave
Hi Renuka,

For unpaid leave calculation, it's kind of according to your company policy. Typically you may:

1. Calculate unpaid leave based on the ACTUAL working days of each month, or

2. Calculate the total working days per year, divide it by 12 months, and use this fixed average working days as a based for each month.

Thanks.

Please Log in or Create an account to join the conversation.

Time to create page: 0.035 seconds
Powered by Kunena Forum