salary in lieu of notice calculation
Daily-Rate = Monthly Salary Ã· Average working days in a month. Payment in lieu of notice by the employer is a pretax earning for the employee. Payment in lieu of notice by the employee is a pretax deduction for the employee.aily-Rate = Monthly Salary Ã· Average working days in a month. Payment in lieu of notice by the employer is a pretax earning for the employee. Payment in lieu of notice by the employee is a pretax deduction for the employee.