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Monthly salary / 2.67 * leave days owed to you
Whats the 2.67?
Thanks guys.
The amount I'm looking at is the amount on my payslip before tax. So it should be the correct amount.
I will contact the HR department and have a chat on exactly how my leave payout was calculated. Just a lesson I guess is that I worked for the company for 10 years and now at the end they try and screw me on every technicality.
Just to be sure how I'm calculating it is that you take your monthly Salary and divide by 21.67 which gives you your daily rate. Then you multiple that rate by the amount of leave days.
Just a lesson I guess is that I worked for the company for 10 years and now at the end they try and screw me on every technicality.
Just confirm the minimum labour leave rate, and the company's leave rate, they only pay out the minimum labour rate (the extra they give you is a perk)
No, it's not. It's a company perk.
OP, it could be they are paying you out on your basic rate and not your total cost to company. However, I speak under correction as to the legality of that.
In terms of the new salary or the old salary it could be that they can show the leave was accrued during a period in your old salary.
Same thing happened to me, had 30+ days of leave but only got paid out for 15 which is the legal requirement. The other days were "Bonus Leave" so anything over and above the 1.25 pm that you get (stand to be corrected) counts as bonus leave which they don't have to pay out. Kark thing is that when you take leave it comes out of your real leave first and then goes into your "bonus leave". It sucks but I knew that it was coming and didn't moan about it.
Just doesn't sound legal. I'd be very surprised if this would stand up in a court of law.
There is no "bonus leave". There is only leave. I negotiated my leave so that it is 21 days per annum - it isn't 15 + 6, it is 21. The 15 minimum just means that they can't give me any less than that.
Not normally a problem for me since I use leave regularly, but I'd be very surprised if any of these shenanigans would hold up at the CCMA.
Just doesn't sound legal. I'd be very surprised if this would stand up in a court of law.
There is no "bonus leave". There is only leave. I negotiated my leave so that it is 21 days per annum - it isn't 15 + 6, it is 21. The 15 minimum just means that they can't give me any less than that.
Not normally a problem for me since I use leave regularly, but I'd be very surprised if any of these shenanigans would hold up at the CCMA.