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| Definition | : | Loss of Pay |
| Category | : | Business » Business Terms |
| Country/ Region |
: | Worldwide
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| Popularity | : |
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Loss of Pay (LOP) is levied by the employer for time during which an employee has not performed the work specified under the contract of employment. During the period of LOP, the employee is not entitled for any pay or allowance.
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Letter of Permission
Universities & Institutions
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Line Of Position
Tech Terms
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The full form of LOP is Loss of Pay