The monthly salary and the daily rate are both an average of the yearly salary. Due to the differing number of work days in each month it is wrong to calculate a daily rate for each month.
The usual and most accepted way to adjust a salary for time off is to reduce it by the value of the days off. It can also be done the other way i.e. paying only for the days that have been worked. Paying 16 days of a 21 work day month will calculate to a different amount than deducting the 5 days not worked as the amounts are all averages. To avoid being discriminatory the same method must be used every time for all employees.
Absence / part period payment calculator
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Our payroll service
If you are calculating part periods amount then there is a fair chance you do your own payroll. Let us take the strain and let you get on with your business, after all that is what you are good at.
From only £1.14p per payslip it is much cheaper than the fine for incorrect or unlawful deductions, payments and the cost of unrecoverable over payments. Why take the risk??
Online payroll setup
With just a few basic details we can have your company payroll up and running within a few hours. Its all done online, so it's quick and easy and is just a simple three step procedure.
Step 1. Company details
Step 2. Employee details
Step 3. Confirmation
That's all there is to it, we will now be able to setup your payroll system.
Why have the hassle of filling in forms and posting or faxing them back when it can all be done in a fraction of the time online
