Final Salary To Be Fixed
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Search Result For "Final Salary To Be Fixed" - Page 1
Dear Mudita Malviya,The division of time for practical calculation purposes is always an approximation. Therefore, a month is notionally considered to comprise 30 days, regardless of its actual number of days. Your calculation seems appropriate to me.
You can pay the fixed component of salary proportionately when an employee leaves in the middle of the month, since even the fixed amount is set for a month only in the case of monthly-paid employees.B. Saikumar HR & Labour Law Advisor Navi Mumbai
Hello Everyone,I am an HR professional in a company. I wanted to ask for an opinion on my concern. One of my employees has left the organization, and now I have to pay her salary for the leaving month in which she worked for 15 days. We pay a fixed HRA and conve...
Based on the circumstances described, it appears that there are significant discrepancies between what was communicated to you and the actual terms of your employment. Here are some practical steps you can consider taking:- **Understand Your Rights**: Familiariz...
Good evening, I joined an advertising agency this past April. My company's head office is in Meerut, and I work in its Delhi branch where I work along with just one more guy who is my senior.Within my first 15 days, the company was asking me to visit its head of...
Dear Umakanthan Sir,Thank you very much for the apt and precise reply. As I mentioned earlier, we are an MSME organization, so the number of employees whose pay structure and fringe benefits will be affected by the proposed change is 35\. However, this will cons...
Dear Harshavardhan,Mention might have been made in your post about the total number of workmen in the industry likely to be affected by the proposed change and whether any trade unions exist for them. That apart, any change in service conditions listed in the Fo...
Respected Seniors & Colleagues,This company in which I am working since last 2.5 years is 34 years old MSME organization. The day from which it began operations, they are paying 'per day salary' till date to all senior employees, operators and even new joinees o...
Dear Harshavardhan,What ever is the mode of calculation either per day or per month, you might have paid it in one instance per month right!!Having a perception of per day salary is okay for doing costing/calculating productivity.- All senior employees are getti...
Other than what Mr. Umakanthan M has mentioned, I would like to add the following:1\. For a fresher on a fixed-term contract basis, in my opinion, it should be approximately 80% of 25k if the employee does a similar nature of job, i.e., 20k as the baseline of 15...