My company notice period is of 1 month. I resigned on 12th of august n last working day was 30th of August instead of 11th of september. So plz guide how my salary will be calculated.. I.e. from 1st of August or from 12th August.??
From India, Poona
From India, Poona
Dear .....
as per me - your salary will be calculated from 1st based on attendance but notice period will be considered for 30 days from your date resignation .
during the notice period if served on 15 days , remaining 15 days salary will be recovered against notice period .
My sincere suggestion is better you follow the appointment terms and condition of your company .
Murali
From India, Bangalore
Contributing Member
9as per me - your salary will be calculated from 1st based on attendance but notice period will be considered for 30 days from your date resignation .
during the notice period if served on 15 days , remaining 15 days salary will be recovered against notice period .
My sincere suggestion is better you follow the appointment terms and condition of your company .
Murali
From India, Bangalore
Contributing Member
Hi Poorva,
Rightly said by Murali, since you haven't served the complete notice period from the companies’ terms. You would be eligible for deduction of pending notice period days. For example in your case- you would be paid salary between (11th Aug to 31st Aug) and 10 days basic salary would be deducted from your earnings...
Regards,
Janardan
From India, Mumbai
Contributing Member
Rightly said by Murali, since you haven't served the complete notice period from the companies’ terms. You would be eligible for deduction of pending notice period days. For example in your case- you would be paid salary between (11th Aug to 31st Aug) and 10 days basic salary would be deducted from your earnings...
Regards,
Janardan
From India, Mumbai
Contributing Member
Dear Friend,
Terms of employments is to serve one month's notice or in lieu of notice period either side shall pay one month compensation.
If it is so, you resigned from the services of the company on 12th Aug by serving 19 days' notice period because your last working day was 30th . Shortfall of notice period is 11 days only and as such you are to calculate your 11 days' salary and pay compensation accordingly by way of chq.
From India, Calcutta
Contributing Member
Terms of employments is to serve one month's notice or in lieu of notice period either side shall pay one month compensation.
If it is so, you resigned from the services of the company on 12th Aug by serving 19 days' notice period because your last working day was 30th . Shortfall of notice period is 11 days only and as such you are to calculate your 11 days' salary and pay compensation accordingly by way of chq.
From India, Calcutta
Contributing Member
Actually speaking this is illegal deduction. If it is agreed in terms of appointment that you will deposit / surrender notice pay amount, then only such deduction is legal; otherwise it is illegal deduction as per the provisions of the minimum wages act.
Shrikant (M 7738665045)
From India, Mumbai
Contributing Member
Shrikant (M 7738665045)
From India, Mumbai
Contributing Member
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