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What Is The Meaning Of Year-To-Date (YTD) On Payslips? - Education - Nairaland

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What Is The Meaning Of Year-To-Date (YTD) On Payslips? by MoneyGreen(m): 11:30am On Sep 03, 2014
Good day people. Pls I want to understand the calculations and the amounts written under YTD on pay slips.. What does it stand for and how is it calculated?
Re: What Is The Meaning Of Year-To-Date (YTD) On Payslips? by tutaboi(m): 11:34am On Sep 03, 2014
Go to ur HR department and ask
Re: What Is The Meaning Of Year-To-Date (YTD) On Payslips? by MoneyGreen(m): 11:49am On Sep 03, 2014
tutaboi: Go to ur HR department and ask
if you no know make you park well abeg
Re: What Is The Meaning Of Year-To-Date (YTD) On Payslips? by theplanmaker: 11:59am On Sep 03, 2014
ytd is d total amour u v been paid frm January till date.. for instance, if ur hazard allowance is 5k monthly, den after ur august salary ur "year till date" earning as far as ur hazard alowance goes is 40k, which is total amount frm January till date (august) it is calculated for ur basic salary and oda allowances. den at d end there's a grand total.

if ur monthly take home (basic salary + allowances) is 100k per month, den after august salary ur ytd earning is 800k.

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Re: What Is The Meaning Of Year-To-Date (YTD) On Payslips? by MoneyGreen(m): 12:12pm On Sep 03, 2014
theplanmaker: ytd is d total amour u v been paid frm January till date.. for instance, if ur hazard allowance is 5k monthly, den after ur august salary ur "year till date" earning as far as ur hazard alowance goes is 40k, which is total amount frm January till date (august) it is calculated for ur basic salary and oda allowances. den at d end there's a grand total.

if ur monthly take home (basic salary + allowances) is 100k per month, den after august salary ur ytd earning is 800k.
good one bro.. Understood. But why is it calculated?

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