Re: Salary on Company Closing Down
Currently my monthly salary is RM2000 + RM200 allowance per month and have worked with my company for 6 years now. By the end of Nov'09, my company will be closing down and will be paying a lay-off pay with a 20 days for every 1 year of service. They are calculating the pay per day by dividing the salary per month with 30 days, is this correct? Shouldn't it be 26 working days instead of 30 days? Staff will lose out more if based on 30 days in the calculation of lay-off pay. Which section of the labour law can be referred to for this calculation due to company closing down? Thank you in advance for your advice.