Suppose in Dec days are 31 and I am having leave for 04 days so haw many days am eligible to get the monthly salary for DEC.for 26 days or 27 days
Is it like Monthly gross salary/30 days*no days present=net salary
or will it be like Monthly gross salary/31 days*no days present=net salary
Similarly in FEB days are 28 and am having leave for 02 days How will be the calculation is it like:Monthly gross salary/30/26 days*no days present=net salary
or will it be Monthly gross salary/28 days*no days present=net salary
Similarly in June days are 30 and am having leave for 02 days How will be the calculation is it like:Monthly gross salary/30 days*no days present=net salary
31 days in 07 mths
30 days in 04 mths
28/29 days in 01 mth
If we treat 30 days for all the mths then 7 days are lost for payment agaginst employee,only 01 month is having 2/1 day additional payment but ultimately 5/6 days are loss to employee.
if we treat 26 days for all the mths then what
which one is right in both the cases.
Finally Monthly wage/salary is calculated on the basis of days in the said month or at a fixed days like 30/26 days for all the month.
27th February 2009 From Pakistan, Lahore
The company doesnt bear the loss as well the employees so if the salary of the employee is already fixed means for all the months they ll calculate for 30 days this is standard calculation if u take leave they ll culculate like this,
consider your monthly salary is 10,000 if you were in leave for 6 days then your salary going to be,
=7999.99 that is 8000
this calculation may vary for " no work no pay" employment
1st March 2009 From India, Madras
i worked in pvt ltd company, headoffice in banglore, i worked with this company since 1st many 2006. but they not give any details about my PF, they give only my PF no., IS there any website where i see my PF a/c details , pls suggest me. this is my first job. pls help me.
2nd March 2009 From India, Delhi