Dear All,
As per the notice period service clause in the appointment letter an employee is supposed to serve 1 month notice period.Now if an employee resigns in the month of June then his full and final settlement calculation will be based on 30 days or 31 days in the month.Incase he has served on 10 days notice then the recovery should be calculated on rest 20 days of the month or 21 days?
Please help me on this.
Thanks
From India, Calcutta
As per the notice period service clause in the appointment letter an employee is supposed to serve 1 month notice period.Now if an employee resigns in the month of June then his full and final settlement calculation will be based on 30 days or 31 days in the month.Incase he has served on 10 days notice then the recovery should be calculated on rest 20 days of the month or 21 days?
Please help me on this.
Thanks
From India, Calcutta
Dear Sir In the notice and compensation matter we are use the calculation base on thirty days This is our practice from last 10 years I can not say about legal
From India, New Delhi
36From India, New Delhi
Dear Chaityparna
Always used a calender month it means 30 days and not depend on resigning month, If resignation in feb than we can not calculate notice and other compensation on the 28 days so month means thirty days boss
From India, New Delhi
Always used a calender month it means 30 days and not depend on resigning month, If resignation in feb than we can not calculate notice and other compensation on the 28 days so month means thirty days boss
From India, New Delhi
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Full n final settlement.doc