1.One employee join us on 16th Jan 19 and left on 18th Sept 19, now i am making his F&F settlement , his working days (as per leave book ) is 165 Days , so he is eligible for EL. EL Calculation is 165/20 = 08 Days for payment.
Is this calculation is ok as per act.
2. as per act of 240 days for EL calculation, what is 240 days working days (25 days in month) or payable days (31 Days)
Please advice
From India, Delhi
Is this calculation is ok as per act.
2. as per act of 240 days for EL calculation, what is 240 days working days (25 days in month) or payable days (31 Days)
Please advice
From India, Delhi
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BONUS CALCULATION BY WORKING DAYS.xls