Should salary deductions be calculated on a daily or monthly basis?

Category: Business/Financial Management gt; gt; Finance and Taxation

Problem description:

Should salary deductions be calculated on a daily basis or a monthly basis? For example: If I have one day of personal leave, how can I calculate the deduction of wages as reasonable?

Discuss their advantages and disadvantages. Thank you

Analysis:

You are talking about calculation on a monthly or daily basis, which is actually called "absence method" and "attendance method" calculation.

1 Absence method (monthly basis) Daily salary = monthly salary/30 days, obviously the deduction will be less every day. But if your leave includes Sunday, money will also be deducted on Saturday and Sunday. For example, if you take leave starting from April this week and go to work next Tuesday, you will be deducted for 5 days. The attendance law only deducts money for 3 days.

2. Attendance method (on a daily basis) daily salary = monthly salary/20.92 days, please deduct one day per day