Formula, example, assumptions, and FAQs — open any section for the detail.
Worked example
Example: 60-day notice, 30 days served, ₹60,000 salary
An employee with a ₹60,000 monthly salary and a 60-day notice can serve only 30 days, divides salary by 30, and has no leave to adjust.
Calculation:Per-day salary = ₹60,000 ÷ 30 = ₹2,000. Shortfall = 60 − 30 = 30 days, all unserved. Payable for 30 served days = ₹60,000. Recovery for 30 unserved days = ₹60,000.
Result:The 30 served days earn about ₹60,000, while the company may recover about ₹60,000 for the 30 unserved days, leaving a net of about ₹0 on the salary side before other full and final settlement items.
Accuracy notes
Per-day salary and recovery are computed from the monthly salary and day-count you enter, with whole-rupee rounding. Actual notice pay depends on your contract and company policy, including the salary component used, the divisor, and whether leave can offset the shortfall. This is a planning estimate, not legal advice or a settlement statement.