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Calculation of ot
Dear senoirs can any of you help me on how to calculate ot of the employees. a present: we have a cards system where in the employees write their details of in & out timing with signature everyday and this is submitted to hr at the end of every month. based on this the extra hours worked are taken as ot. is there any better way of recording the ot ? can anyone help me with a better way or may be a simple solution to this.? regards fay
Overtime
Dear sir i have some query about the overtime. our office hours are start from 9.30 to 7.00 so whoever do duty after working hours that is considered as overtime. please find herewith ot calculation for your perusal. kindly check & let me know if there is any correction. also let me while calculation ot can we consider lunch time. beside that if there any rules for ot please advice me. an early reply will be highly appreciated thanks & regards sujata
Ot calcultion a particular situation
Ot calculation doubt that is one employee 4days duty done and one day dutyot8hr8hrdone next day taken leave in weekhe will get ot amount 7hrs/8hrs/0hrs please tell
Calculation of esic
Hi.... can any one plz explain me about the esic calculation whether it will calculate on gross or on ctc in my company most of employees are work for ot. for ex employees ctc 10000 he did ot for that month and he got another 7000 as ot amount then total gross 17000 now my question is this that is this employee is eligible for esic or not? please help me and give the responce for this
Esic calculation on overtime wages
Dear all e are a facility management co. do the contractual work. we have to pay ot with esic contribution. can you guide me about the ot calculation for esic aspect. according to me you have to calculate the ot wages as per you monthly and hourly rate then double the amout which is payable to the employee then you have to calculate the 6.5 on that amout towards hoping prompt reply from all of you. regards vikas kumar
Components included for ot calculation
Dear seniors for calculation of ot apart from basic and da can we include hra cca other allowances and conveyance or simply basic and da. kindly help me in this regard. thanking you yours faithfully avgn vara prasad