Annual leave entitlement / 12 x (number of complete months worked)
Carryover Policy - employer to select from either option:
1.
Unused accrued leaves from current annual leave year can be carried over to the next annual leave year and needs to be used by end of next annual leave year
2.
If the company cannot schedule employee’s annual leave due to work demands and employee also agree not to take it, the company must pay you for the unused days.
The compensation is calculated at 300% of daily wage. This 300% includes your normal salary.
The formula is: (Monthly Average Salary ÷ 21.75 days) × 300% × Number of Unused Days
Monthly Average Salary is your average monthly salary from the 12 months prior to the compensation payment, excluding any overtime pay. If employee have worked for less than 12 months, the calculation will be based on actual working period.
21.75 days is the legally stipulated average number of working days per month.
If the company has offered employee the opportunity to take leave, but employee indicated in writing stating not to take it, the company only needs to pay you your normal daily wage for those days. They do not need to pay the 300% compensation.
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