Dear Sir,
Pls help me about the rule for calculation the salary . I have some confusion whether the salary for the month is caculated by 26/27 or 30/31 days
Like Per month salsry is 10000
Calculation :-
10000/26 or 30 *one day salary(Including sunday or not ).
Which is the rule and any justification for the rule. So that i can explain to the other colleauges and clear their doubts,
Regards
Archana
From India, Mumbai
Pls help me about the rule for calculation the salary . I have some confusion whether the salary for the month is caculated by 26/27 or 30/31 days
Like Per month salsry is 10000
Calculation :-
10000/26 or 30 *one day salary(Including sunday or not ).
Which is the rule and any justification for the rule. So that i can explain to the other colleauges and clear their doubts,
Regards
Archana
From India, Mumbai
If your employee work on basic means fix salary, so you should have to count salary on 30/31 days, and if you employee work on piece rete or on daily wages so, you may go with 26/27 days. :)
From India, Mumbai
1From India, Mumbai
Hi what ever you said one part is ok but When it comes to loss of pay it is going to be different. When in the Month of Feb what the calculation / SLG
From India, Belgaum
From India, Belgaum
Hi,
If am getting 8500 as a CTC per month, how can i calculate CTC interms of HRA,PF,LTA,BASICSALARY and other allowance. Pls help me out for thispbm.
NOte:if there is any link available for Hra,Lta calulator Pls share those links also
Thanks
Ramakrishan
From India
If am getting 8500 as a CTC per month, how can i calculate CTC interms of HRA,PF,LTA,BASICSALARY and other allowance. Pls help me out for thispbm.
NOte:if there is any link available for Hra,Lta calulator Pls share those links also
Thanks
Ramakrishan
From India
salary can calculate
in Calendar days === total salary / days in a month * no of days to pay
working days === total salary / no of working days in a month * no of w dys ( actual days worked)
in working hours ==== total salary/ std working hours in a month * total worked hours (eg
if an employee working 45 hrs in a week (8*5) then 45*52/12 =195 as std working hours
wher as 52 = total weeks in a year, 12 = total months in a year
Salary calculation is gross salary = 10000 , worked hours is 100 hours
10000/195*100 = 5128
rgds
nasar
From United Arab Emirates, Abu Dhabi
in Calendar days === total salary / days in a month * no of days to pay
working days === total salary / no of working days in a month * no of w dys ( actual days worked)
in working hours ==== total salary/ std working hours in a month * total worked hours (eg
if an employee working 45 hrs in a week (8*5) then 45*52/12 =195 as std working hours
wher as 52 = total weeks in a year, 12 = total months in a year
Salary calculation is gross salary = 10000 , worked hours is 100 hours
10000/195*100 = 5128
rgds
nasar
From United Arab Emirates, Abu Dhabi
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.
SALARY SHEET CALCULATION.xls
Salary calculation.doc