On termination of an employee how to calculate year of service?
Say employee is hired on 01/06/2000 (maintained in a date type in IT 41).
Last Employment Date is 07/07/2010
Calculation is as follows:
From 01/06/2000 to 31/05/2010, employee completes 10 Years
From 01/06/2010 to 07/07/2010, total 37 calendar days (30 days + 7 days)
YOS = 10 + (37/365) = 10.10 (years)
The final result of YOS will have 2 decimal places.
Can someone suggest how we can achieve it through payroll pcr?
Thanks in Advance.
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