Leave Allowance Payment - Jobs/Vacancies - Nairaland
Nairaland Forum › Nairaland General › Jobs/Vacancies › Leave Allowance Payment (1941 Views)
| Leave Allowance Payment by trendyid(op): 11:03am On Jan 16, 2020 |
Please can someone tell me how leave allowance is calculated in Nigeria Labour Law. I've read through the Labour Law, I couldn't find it there. |
| Re: Leave Allowance Payment by Esji80(m): 11:09am On Jan 16, 2020 |
trendyid:I once heard from an Assistant Director that Leave grant= 10% of Annuql Salary I didnt ask of the law or verify from any other source. |
| Re: Leave Allowance Payment by Esji80(m): 11:09am On Jan 16, 2020 |
trendyid:I once heard from an Assistant Director that Leave grant= 10% of Annual Salary I didnt ask of the law or verify from any other source. |
| Re: Leave Allowance Payment by trendyid(op): 11:47am On Jan 16, 2020 |
@Esji80 Thank you very much. Knowing where the 10% emanating from would be helping. |
| Re: Leave Allowance Payment by skillip(m): 12:23pm On Jan 16, 2020 |
It varies from industry to industry, and what yiur policy is, for example one of the companies I once worked for pays half of your monthly gross as leave allowance. So check your policy. Though the widely accepted rate is 10%. Read sections 18/19 of the Nigerian Labour law. |
| Re: Leave Allowance Payment by trendyid(op): 4:40pm On Jan 16, 2020 |
Thank you @Skillip, God bless. |
| Re: Leave Allowance Payment by skillip(m): 5:21pm On Jan 16, 2020 |
trendyid:You're welcome I hope it was helpful ? |
| Re: Leave Allowance Payment by trendyid(op): 7:45pm On Jan 16, 2020 |
skillip:Yes it was. Thanks. 1 Like |
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