Hi Team, There are new changes in my company related to the pay cycle, earlier it was 1-30th now this is changing to 25-24th. Can anyone please share any letter format or mail format to inform employees? Due to these new changes employees will get 5 days less salary.
Please address my query.
From India, Delhi
Please address my query.
From India, Delhi
Hi,
Salary pay cycle is for the convenience of processing the salary and crediting salary at early date ( at start of month).
25th - 24th pay cycle doesn't mean that employee will get less salary. Employee will continue to get full month salary only. The only difference is that any leave/ lwp availed by employee after salary cut off date will be reflecting in the next salary cycle.
From India, Madras
586Salary pay cycle is for the convenience of processing the salary and crediting salary at early date ( at start of month).
25th - 24th pay cycle doesn't mean that employee will get less salary. Employee will continue to get full month salary only. The only difference is that any leave/ lwp availed by employee after salary cut off date will be reflecting in the next salary cycle.
From India, Madras
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