Indeminity Calculator

Basic Salary A 850.000

Allowance 1 B -

Allowance 2 C -

Allowance 3 D -

Total Salary E = SUM (A:D) 850.000

Date of Joining F 13-Mar-2005

Last Working Date G 28-Jan-2020

Total No of Working Days H = (G - F) 5,435.00

(Last Working Date (Minus) Starting Date of Work) + 1

Total No of Years worked I 14Y, 10M, 27D

Unpaid and Absent Days J -

Net No of Working Days K 5,435.00

Net Working Days for First Five Years L1 1,825.00

Net Working Days After Five Years L2 3,610.00

Leave Balance M 55.96

Leave Salary (BS + A1) M1 1,829.462

Annual Indeminity Days (15 Days for First 5 Years) N1 15.00

Annual Indeminity Days (30 Days for Remaining Years) N2 30.00

Actual Indeminity Days O1 = (L1 x N1) / 365 75.00

(Net Working Days x Annual Indemnity Days) / 365
Actual Indeminity Days O2 = (L2 x N2) / 365 296.71
(Net Working Days x Annual Indemnity Days) / 365

Amount Per Day (Net Salary/26 Days) P = (E/26) 32.692

Total Eligible No of Days (Due paid Indeminity Days + Leave Balance) Q = (M + O1 + O2) 371.71
Total Eligible Amount R = (P x Q) 13,981.595