posting here for the first time so not sure if i am posting in the right place. and sorry for a very long thread
I have a a small private graphic company owned by me and have 3 employees as of now. recently i am getting very frustated with out put of employees going down . they are taking too many holidays citing silly reasons like feevr, going out of station, some important work a home. till now we have always tried to not deduct salaries of our employees if their reasons were genuine trying to be a good employer but i have realised employees tend to be employees. they just want their salaries at the start of the month and they are not bothered where the money would come from if they take too man offs.
So now we want to put strict rules in office regarding casual leaves. the point is to discourage them to take extra holidays . maybe a way to pinch them hard whenever they take unneccessary breaks. So we were just wondering as to how to calculate per hour wages of the employees ( for eg with a monthly salary of 15,000)so that every extra leave is deducted from their salaries and they think twice before taking leaves.
we have been really nice to them till now but the end of the day office is suffering and they are not bothered.
please guide me with this. any other method to discourage them doing this as talking hasnt helped. i have done that 4- 5 times.
Also how to calculate bonus for working overtime.
we work from 10 - 7 with a 1 hour lunch break whnever they want. sundays are off.
also sometimes they dont have work and they leave early also so does that compensate overtimes? for eg if they worked extra half an hour and then next day left half an hour early does that balance out? we generally have saturdays working but when workload is not too much we take half day off. the idea is to compensate their extra working hours if they haveput during the month.
please advice me on this. feeling totally frustrated with this now
Greetings fro the day!
Its so simple calculation. In a month calculate How many working days and calculate how many working hours per day.
Let us say a person is earning 17,600 per month and his working days per month (of 30days) are 22 days (take off 4sundays and 4 saturdays i.e., 30-8=22) now let us say he is working for some 8 hours/day. Now we must calculate it like this
17600 is for 22 days and for each day it is 17,600/22 = 800/-
For each day(with 8 working hours) it is 800/-, for each hour it is 800/8 = 100/per hour.
So his earinings per hour is INR 100/-
Hope you can understand this...
From India, Delhi
Is there an act that defines the calculation of an hourly salary in India ?
My employer calculate it as (Annual Gross/(365 days X 8 working hrs), which seems very wrong to me. Please advise.
From India, Mumbai
If you are knowledgeable about any fact, resource or experience related to this topic - please add your views using the reply box below. For articles and copyrighted material please only cite the original source link. Each contribution will make this page a resource useful for everyone.