LOP

Definition : Loss of Pay
Category : Business » Business Terms
Country/Region : Worldwide Worldwide
Popularity :

What does LOP mean?

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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We have found 2 more results for LOP
Worldwide LOP Letter of Permission
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Worldwide LOP Line Of Position
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