Some months have 31 days, but employees get salary for 30 days only. At the same time, even after the month is of 28 or 29 days, the company gives you 30 days' money as salary.
Some months have 31 days, but employees get salary for 30 days only. At the same time, even after the month is of 28 or 29 days, the company gives you 30 days' money as salary.
For employed people, salary is their biggest motivation. Every employee works for salary every month and when the salary is credited on the last day of the month i.e. 30th, then there is no limit to happiness.
However, have you ever wondered why the salary comes in 30 days only? Some months even have 31 days. At the same time, February also has 28 or 29 days. Despite this, we get salary for only 30 days.
Actually, a standard method is used to calculate the monthly salary of any employee, in which the salary is calculated by considering the month as 30 days. This rule has been made to make the calculation of salary easier.
Some months also have 31 days, but employees get salary for only 30 days. At the same time, even after the month has 28 or 29 days, the company gives you 30 days' money as salary.
Holidays are also counted in the calculation of your salary. That is, four or five Sundays in a month and apart from this, your other week off is also calculated in the salary. The company does not deduct money for this.
There is also a legal rule for calculating 30 days' salary, under which gratuity is calculated. Actually, while calculating gratuity, the employee is paid on the basis of average salary of 15 days, assuming 26 working days in a 30-day month.
For calculating gratuity, the formula (15 x previous salary x working period)/ 26 is used. That is, in this formula, the employee is paid on the basis of average salary of 15 days, assuming a month of 30 days.
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