LOP stands for Loss of Pay and is a common payroll term used when employees exceed their paid leave limit. This article explains the full form of LOP, its meaning in company payroll systems, and how salary deductions are calculated. Understand payroll formulas, unpaid leave scenarios, and HR rules that govern LOP application. The guide also includes examples to simplify complex payrol... https://savvyhrms.com/lop-full-form-meaning-calculation/