How Can I Calculate The Leave Salary Of 5 Day Working

vvpradeesh
Hi is there any one help me that in my office we have five day working and as per the policy company will provide 30 working days leave salary. How can i calculate the same.
suren52
We have to calculate the salary for one day. Normally the number for days in a month is taken as 26. If you divide the salary by 26,the one day salary can be calculated. Then multiply by 30. For example salary/26*30.
In your case you have five days working. In such cases the number of working hours is extended beyond the normal eight hours working. But the weekly hours remains the same i.e. may be 48 hours equivalent to 6 days working. Therefore basis of calculation should be same.
If you are knowledgeable about any fact, resource or experience related to this topic - please add your views. For articles and copyrighted material please only cite the original source link. Each contribution will make this page a resource useful for everyone. Join To Contribute