In my organization previously attendance considered 20th to 20th, But now onwards we consider 25th to 25th, so working days in this month exceeded i think. We need to pay for those 5days??
Hi,
For the purpose of processing salary and crediting on time, all Organisations use to follow salary cycle date instead of waiting till end of month. Actual salary paid will be from 1st to end of month either 30th or 31st only. In your case you are paying salary for full month and any leave availed after 25th will be reflecting in the next month cycle. so no need for additional 5 days.
From India, Madras
For the purpose of processing salary and crediting on time, all Organisations use to follow salary cycle date instead of waiting till end of month. Actual salary paid will be from 1st to end of month either 30th or 31st only. In your case you are paying salary for full month and any leave availed after 25th will be reflecting in the next month cycle. so no need for additional 5 days.
From India, Madras
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.