Thanks for such a useful site- its certainly very helpful to many people.
For calculation of termination benefits, what is the definition of "wages"? Does it include fixed allowances and variable allowances- for eg, we pay a daily allowance for each day a person works- which is not payable when he/she is on leave /MC etc?
What about the variable target incentive which is based on company performance- do we need to include this to calculate "true per day wages" based on last 12 months actuals?
Thanks so much for your kind help!