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Confuse about esi and pf calculation of working days
I am confuse about esi and pf calculation of working days. when we do calculation for esi and pfwhich days are taken for doing calculation? i mean suppose that a month has 31 days and in that there are 4 sundays. shall we deductexclude that 4 holidays of sundays out of that 31 days?do we calculate salary for that working27 days for doing calculation of esi and pf contribution? or will we take all 31 days as working days for esi and pf calculation? please reply soon its very urgent. regards lokesh sharma
Monthly salary calculation
Dear all pl guide for salary calculation for months in a year 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 daysno days presentnet salary or will it be like monthly gross salary/31 daysno days presentnet 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 daysno days presentnet salary or will it be monthly gross salary/28 daysno days presentnet 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 daysno days presentnet salary or 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 days for all the month. waiting seniors invention quickly thnx tarun
How to calculate salary?
Hi all i\'m a budding hr generalist. i\'m placing my doubts regarding payroll here. kindly help me with facts. 1.whether salary has to be calculated based on the no. of days worked or no. of leave taken? both has difference according to my calculation. 2.how should salary per day be calculated during months having 31 days?
Wage days calculation on 26 or 30/31 days?
Dear sir/madam i wish to know if the wages for employees are to be calculated on 26 days or 30/31 days? this is required as being a manpower provider most of my employees are in minimum wages bracket and hence if daily wages is calculated on 26 then the gross salary is less if compared to 30/31 days. in case of 26 days calculation is the weekly off not considered as a paid holiday? kindly clear my doubts... br tejasz navi mumbai
Payroll calculation
Dear all our company has a policy to calculate a day wages by multiplying gross salary by 12 and dividing it by 365 but i am facing problems with the months where the total days are 32. for eg. if employee a has a gross salary of 12000 and he is to be paid for 31 days only out of 32 days in a particular month...then as per this policy it becomes salary for 31 days 1200012/36531 12231 which is even greater than the gross salary please suggest... regards preeti
Per day calculation of basic and full salary for full and final settlement
Company has to pay me notice for 30 days basic pay and full salary for 15 days in f&f settlement. please help in calculating per day amount should it be calculated by 30 days or 31 days basic/30 perdaybasic or basic/31perdaybasic company decided to choose 31 days to calculate per day salary which decreases my pay. does any law help me here to calculate salary based on standard 30 days calculation?