If an employee is transferred to a new company during the month, will their salary be prorated accordingly?
Yes. If an employee is transferred from one company to another during the month, their salary will be prorated in each company according to the termination and new employment date. For instance, the employee will be transferred from company A to company B effective from 5 August 2024.
- The employee's salary will be prorated in Company A for 1-5 August 2024.
- Their new salary will be prorated in Company B for 5-31 August 2024.