Dear All,
I have little confusion about the salary calculation. Please confirm which method is correct for calculating monthly salary. As there is small difference between both the figures.
If Gross Salary=6500/- , Total Working Days counted - 27
Half Days - 1 , No. of days Absent - 2
Calculation 1:
Salary : 6500
Half Day: 1*120 = 120
Absent : 2*241 = 482
Total 5898
Calculation 2:
Salary :6500
Half Day : 1
Absent : 2
Total days worked : 24.5
Total : 5904
From India, Pune
1I have little confusion about the salary calculation. Please confirm which method is correct for calculating monthly salary. As there is small difference between both the figures.
If Gross Salary=6500/- , Total Working Days counted - 27
Half Days - 1 , No. of days Absent - 2
Calculation 1:
Salary : 6500
Half Day: 1*120 = 120
Absent : 2*241 = 482
Total 5898
Calculation 2:
Salary :6500
Half Day : 1
Absent : 2
Total days worked : 24.5
Total : 5904
From India, Pune
Hi ,
It is really confusing us .
I will give you one simple explanation to u which i am following in my company .
Salary calculation :
Total salary / Total calendar days = 1 day salary
According to the 1 day salary , you can deduct the amount .
Like 6500/31 = 210
210*2.5=524 ,
So minus 6500-524=5976.
-----
Thanks & Regards,
Vani
From India, Secunderabad
It is really confusing us .
I will give you one simple explanation to u which i am following in my company .
Salary calculation :
Total salary / Total calendar days = 1 day salary
According to the 1 day salary , you can deduct the amount .
Like 6500/31 = 210
210*2.5=524 ,
So minus 6500-524=5976.
-----
Thanks & Regards,
Vani
From India, Secunderabad
Dear dhanu27,
The thread is not clear. If I assume that the person has worked for 27 days and I believe that you are calculating the salary on to the word days then,
Monthly Salary = 6500
Total days worked = 27
Leaves = 2.5
Salary would be = 5897.50/- (Monthly Salary / Total Working days * Actual Working days )
Again I don't know about the deduction part as you have not mentioned it.
From India, Bangalore
The thread is not clear. If I assume that the person has worked for 27 days and I believe that you are calculating the salary on to the word days then,
Monthly Salary = 6500
Total days worked = 27
Leaves = 2.5
Salary would be = 5897.50/- (Monthly Salary / Total Working days * Actual Working days )
Again I don't know about the deduction part as you have not mentioned it.
From India, Bangalore
To calculate per day salary we consider 26 for months with 31 days and 27 for months with 30 days. Hence I would only like to confirm about deduction for leave as we deduct only ESI & PT.
From India, Pune
From India, Pune
Are you correct on to the statement "we consider 26 for months with 31 days and 27 for months with 30 days" ?
From India, Bangalore
From India, Bangalore
As per my opinion and experience the second method is the correct one - T/L wrking days = 27 T/L Absent = 2.5 Salary days = 27 - 2.5 = 24.5 Salary for the month = 6500/30*24.5 = 5308/- (final salary)
hi,
what is this, i am not getting this sentence clearly
here, there is no gap between, and there is no symbols
Calculation 1:Salary6500Half Day1*120120Absent2*2414825898
Calculation 2:Salary6500Half Day1Absent2Total Working Days24.5*2415904
write it clearly yar.
Asha
From India, Bangalore
what is this, i am not getting this sentence clearly
here, there is no gap between, and there is no symbols
Calculation 1:Salary6500Half Day1*120120Absent2*2414825898
Calculation 2:Salary6500Half Day1Absent2Total Working Days24.5*2415904
write it clearly yar.
Asha
From India, Bangalore
As per my openion 26 or 27 days are consider only during the payment of leave encashment/gratuity & overtime but for salary & wages (Monthly Salary / Total Working days * Actual Working days ) is correct.
thanks & regards,
from,
sumit kumar saxena,
+91-9899669071, 0120-4131277
From India, Ghaziabad
thanks & regards,
from,
sumit kumar saxena,
+91-9899669071, 0120-4131277
From India, Ghaziabad
Dhanu, The first method is correct which comes 5898 as the gross alway divided by working days (27 as mentioned) and without pay as per the days absent.
From India, New Delhi
From India, New Delhi
hi Dhanu..
u should be clear with the company policy, that is salary per day. that is the company should calculate per day salary either for 26 days or for 30 days for all the months, not considering 31 or 30 or 28 days in a month. that should be remain same for all months. That never matters about the gov Holidays r festival holidays anything.
Regards
Anupa
From India, Madras
u should be clear with the company policy, that is salary per day. that is the company should calculate per day salary either for 26 days or for 30 days for all the months, not considering 31 or 30 or 28 days in a month. that should be remain same for all months. That never matters about the gov Holidays r festival holidays anything.
Regards
Anupa
From India, Madras
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