Explained
It is prepared as a draft, reviewed, approved and paid. Unpaid leave days reduce days worked.
Related terms
- End-of-service awardAn end-of-service award is paid to an employee when their contract ends, calculated from the last wage, length of service and reason for leaving.
- Housing allowanceA housing allowance is a fixed amount added to basic pay for accommodation, usually stated in the contract.
- Unpaid leaveUnpaid leave is approved absence with no pay, so its days come off the days worked that month.