When you process payrolls for employees of any company what are the days you take into account for payment. For example, do you take the total number of days in a month like 30/31 or take 26 (actual number of working days). What do you do for February where there are only 28 days.
Please reply as soon as possible.
I am very confused?
From India, Hyderabad
Please reply as soon as possible.
I am very confused?
From India, Hyderabad
Hi Asha, Payable days for the month is the right way to calculate the salary/wages in payroll i.e. 31/30/28 (whatever may be). Regards L.C.Pal 9811444654
From India, Delhi
2From India, Delhi
Hi,
Please see the scenarios:-
An employee worked for 24 days in August 2007, availed 1 day's paid leave. 1 Holiday and 5 Off days (4 Sundays , 1 Second Saturday).So in this case total number of payable days would be 31
An employee worked for 20 days in August 2007, availed 1 day's paid leave, 4 days leave without pay. 1 Holiday and 5 Off days (4 Sundays , 1 second Saturday). So in this case total number of payable days would be 27 and you need to calculate the salary for 27 days.
hope it is clear
From India, Bangalore
Please see the scenarios:-
An employee worked for 24 days in August 2007, availed 1 day's paid leave. 1 Holiday and 5 Off days (4 Sundays , 1 Second Saturday).So in this case total number of payable days would be 31
An employee worked for 20 days in August 2007, availed 1 day's paid leave, 4 days leave without pay. 1 Holiday and 5 Off days (4 Sundays , 1 second Saturday). So in this case total number of payable days would be 27 and you need to calculate the salary for 27 days.
hope it is clear
From India, Bangalore
Hi, Why dnt you put the format in the forum for discussion,so that everyone would like to view. Regards, Capricevogue
From India, Hyderabad
From India, Hyderabad
Hi
Thanks for replying.
But I got more confused.
Lets take a scenario where an employee is in the probation period and has no casual leave and whatever leaves are taken are LOP. The employee has been absent for one day in Feb, one day in March and one day in april months.
And the company calculates the payment period for respective months as 28 days, 31 days and 30 days.
So in this case the leave amount deducted would be proportionate to the number of days in that month.
And bec Feb has only 28 days the amount of deduction would be more as compared to March and April.
What do u do in such scenarios.??
Please do tel me because this scenario happened in my company and i was not able to reply back to the employee.
Regards
Asha
From India, Hyderabad
Thanks for replying.
But I got more confused.
Lets take a scenario where an employee is in the probation period and has no casual leave and whatever leaves are taken are LOP. The employee has been absent for one day in Feb, one day in March and one day in april months.
And the company calculates the payment period for respective months as 28 days, 31 days and 30 days.
So in this case the leave amount deducted would be proportionate to the number of days in that month.
And bec Feb has only 28 days the amount of deduction would be more as compared to March and April.
What do u do in such scenarios.??
Please do tel me because this scenario happened in my company and i was not able to reply back to the employee.
Regards
Asha
From India, Hyderabad
Hi !!
I am a post graduate student curently working in a project for payroll. I would appreciate if you all can help me out with the process as how to work with it & to concentrate in which areas.
Regards
Anjali
From India, Pune
I am a post graduate student curently working in a project for payroll. I would appreciate if you all can help me out with the process as how to work with it & to concentrate in which areas.
Regards
Anjali
From India, Pune
Dear Asha,
When your are taking actual no. of days(i.e. 30 or 31) for the payment then for Feb you can take 28 days. And if you are calculating at fixed 26 days for the whole year then it will be 26 for Feb. Only no. of absent days will be deducted from 26 for getting payable days.
Regards,
From India, Lucknow
When your are taking actual no. of days(i.e. 30 or 31) for the payment then for Feb you can take 28 days. And if you are calculating at fixed 26 days for the whole year then it will be 26 for Feb. Only no. of absent days will be deducted from 26 for getting payable days.
Regards,
From India, Lucknow
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.
BONUS CALCULATION BY WORKING DAYS.xls
Madras HC judg regarding gratuity is applicable if workmen is working 4 years 240 days..pdf