Accountancy, asked by Neelammpal30, 4 months ago

holiday pay is apportioned on the basis of​

Answers

Answered by skmadhuri114
3

Answer:

Holiday pay is any form of paid time off, such as a government-declared holiday, maternity leave, or sick time off. ... Employees are assumed to understand that this pay is aggregated with their normal pay. In some cases, companies allow their employees to work on holidays and be paid in cash for the missed day off.J

Explanation:

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Answered by Pratham2508
0

Answer:

Holiday pay is apportioned on the basis of​ the time and work the employee has done.

Explanation:

  • Holiday pay is any type of paid time off, including maternity leave, sick time, and government-designated holidays.
  • Workers are expected to know that this remuneration is added to their regular salary.
  • Companies may let workers work on holidays and get compensation for the time off lost.
  • Employees receive a reward in the form of holiday pay since it allows them to be paid even on their days off.
  • The day off may fall on a holiday such as Labor Day, Thanksgiving, Christmas, New Year's Eve, or the birthday of Martin Luther King Jr.
  • Even though it is not necessary, some businesses nonetheless provide their staff holiday pay as compensation for their efforts and contributions to the industry.
  • Additionally, some firms provide their staff the choice to work on holidays and increase their pay.

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