Hi, I have a doubt whether to deduct loss of pay from the Gross salary or from the basic pay? please clarify. Thanks. Regards, Nithya
From India, Madras
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From India, Madras
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Dear Nithya,
It depends on company policy, but in most cases, loss of pay is deducted from gross salary. All the components of salary become pro-rata in such cases.
Hope this solves your query.
Regards,
SK Jena
From India, New Delhi
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1It depends on company policy, but in most cases, loss of pay is deducted from gross salary. All the components of salary become pro-rata in such cases.
Hope this solves your query.
Regards,
SK Jena
From India, New Delhi
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Dear Nithyakousalya, The reply from zena mesra is correct. its depend upon the company policy but most of the company follow only for gross salary only regards alphonse :lol: :lol: :lol: GTE
From India, Madras
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From India, Madras
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SALARY SHEET CALCULATION.xls
Salary calculation.doc