Hi,
Should notice pay be calculated based upon a weekly or monthly period. I have a 4 week notice period and have been told that the calculation for the pay for this time is:
Salary / 52 * 4
Is this correct? Should this not be calculated on a months salary? This does provide a different amount.
Pay in lieu of notice - quick and easy question
- 25-03-09, 04:06 PM #1u952460
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Pay in lieu of notice - quick and easy question
- 31-03-09, 11:50 AM #2Peter Etherington
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The calculation is correct - if your notice is stated in weeks, then the pay should be calculated in weeks, not months.
Regards
Pete
- 31-03-09, 05:38 PM #3kotewala
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notice Does the employee has to work during the notice period?
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