How to calculate unpaid leave
10 years 2 months ago #43
by renuka
How to calculate unpaid leave was created by renuka
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)
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)
10 years 2 months ago #44
by Kap-Chew
Replied by Kap-Chew on 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.
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.
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