What is LOP Full Form? Complete Meaning, Calculation and Payroll Impact
This article explains the meaning and importance of LOP (Loss of Pay) in human resources and payroll processing. Learn how LOP is defined, why it occurs, how it is calculated, and how it affects an employee’s salary and benefits. Whether you are an employee reviewing your pay slip or an HR professional managing payroll, this guide provides clear insights into how LOP works and its implications in workplace leave policies and payroll accuracy