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How to calculate an allowance based on attendance within fiscal year

Aug 11, 2017 at 03:53 AM

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How to calculate an allowance based on attendance within fiscal year. Customer wants to pay incentive allowance based of if an employee has worked up to 180 days within the fiscal year (1st June to 31 July). This is to be calculated using 31st July of fiscal year. If the employee has worked up to 180 days, they receive 1*basic salary and if they had worked above 270 days they get 2*basic salary.

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