Subject: Excess Leave Deduction
Hi Everybody,
I am a newly joined member and I want to clarify one thing. For example, my CTC is 1.20 lacs and the basic is 4000. If I am absent for 2 days, how will this be calculated?
Regards,
Naveen
From India, Visakhapatnam
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2Hi Everybody,
I am a newly joined member and I want to clarify one thing. For example, my CTC is 1.20 lacs and the basic is 4000. If I am absent for 2 days, how will this be calculated?
Regards,
Naveen
From India, Visakhapatnam
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Hi,
Can anybody clarify how gratuity is calculated? For example, if my salary is 10000 INR per month and my basic pay is 4000 INR, and I have worked for 6 years in the company, how is gratuity calculated? Please explain briefly.
Regards,
Naveen
From India, Visakhapatnam
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Can anybody clarify how gratuity is calculated? For example, if my salary is 10000 INR per month and my basic pay is 4000 INR, and I have worked for 6 years in the company, how is gratuity calculated? Please explain briefly.
Regards,
Naveen
From India, Visakhapatnam
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Dear Mr. Krishan Kumar,
I would like to present to you the other aspects of the employee too. Not all employees have the same mindset. We may recruit a person to achieve the company's goal, but he may have a sudden and unexpected reason for not attending work. When it comes to the timeframe they take for work, the current scenario is totally different as no employee is given a specified part of work; it is a continuous process. (If your boss assigns you to complete a task when you are about to leave for the day).
So kindly consider the other set of employees who are genuine towards work, who can make use of the encashment. As HR professionals, we need to consider all aspects.
Thanks and Regards,
Sree Ramani
From India, Pune
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I would like to present to you the other aspects of the employee too. Not all employees have the same mindset. We may recruit a person to achieve the company's goal, but he may have a sudden and unexpected reason for not attending work. When it comes to the timeframe they take for work, the current scenario is totally different as no employee is given a specified part of work; it is a continuous process. (If your boss assigns you to complete a task when you are about to leave for the day).
So kindly consider the other set of employees who are genuine towards work, who can make use of the encashment. As HR professionals, we need to consider all aspects.
Thanks and Regards,
Sree Ramani
From India, Pune
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Leave Encashment & Salary Calculation.xls x
LEAVE ENCASHMENT NOT INCLUDED IN WAGES FOR P. F. CALCULATION.pdf