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LOP Meaning in Salary Slip – Full Explanation With Examples

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LOP, or Loss of Pay, often appears on salary slips when unpaid leave is taken by an employee. This comprehensive guide explains what LOP means in a salary slip, its full form, and how deductions are calculated. Understand how many days are counted as LOP, how daily wages are derived, and how this affects gross and net salary. The article also explains HR policies related to LOP, reaso... https://savvyhrms.com/lop-full-form-meaning-calculation/

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