Please help me how to calculate salary who is joining in the middle of the month.
example : if one person jointed the organization on 23rd of october and his salary is Rs. 10000/- per month
My main issue is , whether for per day salary calculation should I divide his salary by 31 days or 26/27 days.
1) In case of the new joinees - Salary is calculated on the basis of no. of days worked + weekends...
2) But if u have to Calculate per day Salary for the month of Oct
U'll nt divide it by 31 ... We dnt include sundays for any month...
it has to be divided by 27.
i hope it helped u ...
There are organization which takes month on actual no. of days.
I have not come across any act which say a month should be of 30 days or actual no. of days. if there is any act which says that a month should be of 30 days pl let me know (Let me know the exact section of the act).
So, check the practice in your organization. Check the salary slips of those employees who has worked for a lesser no. of days and find out how the salary for that month of that employee has been calculated.
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