Dear,
My opinion is two of them are correct. But first of them is easy then other. You suggest your organization to follow first method like that-
For January,2011
Name Working Days off Day H.Day Leave AB total Day Gross Salary
Mr.A 26 4 1 0 0 31 3300.00
Mr.B 25 4 1 1 0 31 3300.00
Mr.C 24 4 1 1 1 31 =3300/31*30=3194.00 (P.F also calculate same as above )
With Regards,
Pradip
From India, Calcutta
My opinion is two of them are correct. But first of them is easy then other. You suggest your organization to follow first method like that-
For January,2011
Name Working Days off Day H.Day Leave AB total Day Gross Salary
Mr.A 26 4 1 0 0 31 3300.00
Mr.B 25 4 1 1 0 31 3300.00
Mr.C 24 4 1 1 1 31 =3300/31*30=3194.00 (P.F also calculate same as above )
With Regards,
Pradip
From India, Calcutta
I agree with the statement of Mahesh,
It depends on the type of salary/ wage paid. If it is a daily wage, it should be calculated on the actual working days excluding NF& H. Whereas in monthly salary/wage, the salary should be calculated including sundays and NF&H.
However, in the case of monthly wage, it also depends on the agreement done between the employer and the employee regarding payments of NF& H.
In case the case of daily wage, if the employee works on NF& H, he should be either paid, double wage for the particular day or a single day wage plus one day off.
Prasanth.
From India, Mumbai
1It depends on the type of salary/ wage paid. If it is a daily wage, it should be calculated on the actual working days excluding NF& H. Whereas in monthly salary/wage, the salary should be calculated including sundays and NF&H.
However, in the case of monthly wage, it also depends on the agreement done between the employer and the employee regarding payments of NF& H.
In case the case of daily wage, if the employee works on NF& H, he should be either paid, double wage for the particular day or a single day wage plus one day off.
Prasanth.
From India, Mumbai
Hi, for a new commer its really confusing can any any body analyse the whole thing and give a final solution...... Neema MBA (HR)
From India, New Delhi
From India, New Delhi
I am on admin dept in my company but i have engaged in some other HR Related work. So i would like to know about ESI Coverage amount... i mean how much can we claim through ESIC in major incidents like accidents and more....
Plz anybody let me know ..plz i wiil b very greatful to u all.
From India, Tiruchchirappalli
Plz anybody let me know ..plz i wiil b very greatful to u all.
From India, Tiruchchirappalli
1. Gross salary/monthly day = 1 day wages * Working day+ NH & F + leave with pay 2. Gross salary/30.5= 1 day wages * Working day+ NH & F + leave with pay
From India, Ambala
From India, Ambala
Dear,
I am used to calculate wages in function of worked days that way :
As daily salary can't depend from one month to another month :
3 300 * 3 (= 3 months)/ 13 (= 13 weeks in a quater) / 5 (5 days in a week) = 152.31 for one day. Multiply by number days worked.
Paying non working days depends of agreements, laws, ....
Greetings
From Belgium, Gosselies
I am used to calculate wages in function of worked days that way :
As daily salary can't depend from one month to another month :
3 300 * 3 (= 3 months)/ 13 (= 13 weeks in a quater) / 5 (5 days in a week) = 152.31 for one day. Multiply by number days worked.
Paying non working days depends of agreements, laws, ....
Greetings
From Belgium, Gosselies
Dear Manish Gupta,
First you say that employee is worked on holiday or not
IF he worked on holidays means Method 2 is right( Because that holiday going to double wages)
IF he is not worked means Method 1 is right( He availed holiday)
From India, Madras
First you say that employee is worked on holiday or not
IF he worked on holidays means Method 2 is right( Because that holiday going to double wages)
IF he is not worked means Method 1 is right( He availed holiday)
From India, Madras
Hi Dears,
I have an other query also.
1. If an employee have 27 working days and 4 weekly off.
2. Second one have the 26 working days and 5 weekly off.
then what will be basic salary for that employee in a month which contains 30 days.
Monthly Rate 6000/-
From India, Lucknow
I have an other query also.
1. If an employee have 27 working days and 4 weekly off.
2. Second one have the 26 working days and 5 weekly off.
then what will be basic salary for that employee in a month which contains 30 days.
Monthly Rate 6000/-
From India, Lucknow
i want know about TDS Deduction about employees salary payment 33000/ pm, please some one help me
From India, Madras
From India, Madras
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Method of calculation of wages.doc
SALARY SHEET CALCULATION.xls