Abbasiti
Assistant Engineer, Indian Telephone Industries,
Couvery
Consultant
Jkct15
Deputy Manager - Hr
Rameshg28
Payroll Specialist
+3 Others

Dear Sir, I want to know how to calculate the over time of workers in an organisation. Regards Ekta pant
11th November 2013 From India, New Delhi
Well, as explained above, you can go with the same. In short you can assume the overtime as it the double amount per hour comparing to the normal working hours in terms of compensation. You can many online software that can help you in managing your payroll with alongwith managing overtime payouts.
12th November 2013 From India, Lucknow
Dear Ektapant,
If the total working time including overtime is 9 hours per day or 48 hours per week, single payment is applicable. Over and above double payment is applicable. Calculate in both way and pay whichever is beneficial to employee/worker.
Abbas.P.S
13th November 2013 From India, Bangalore
hi, In Which case we need to use Basic and in which case we need to use Gross?
13th November 2013 From India, Chennai
plese provide all salary structure for my knowledge i have done MBA HR i want know payroll how to do it in excel
14th November 2013 From India, Mumbai
Hi formula is Salary/26/8*2*no of OT hours or Salary/104*no of OT hours
14th November 2013
Hi, OT has to be calculated with all components of the salary.
14th November 2013
Dear all, Why OT is calculated on 26 days or it may be calculated on no of day in a particular month? What the law says? Please clarify. Regards Rajendra Mohanty
18th November 2013 From India, New Delhi
Hi
If you look into the minimum wages gazzette, it says "To arrive at daily wage, the monthly wages shall be divide by 26". Which will help to have constant wage for OT or any salary pertaining calculation. If you calculate by number of days in a monthly, there will be variance on a OT and other allowance. For example how you calculate for the month of february. But your employee will get full salary if they worked for the full month, but they will less in OT wages.
So 26 is the constant number which is derived like 365-52=313(365 days in ayear-52sunday) and 313/12=26 (313-12(months)=26 days. so average of a month is 26.
18th November 2013
Dear Sir, In Haryana Min. wages GO it states as not less than 1/26 . Are Your refer to this ? Or something else,Please attach that gazzette. Regards Rajendra Mohanty
18th November 2013 From India, New Delhi
hi refer page number 3 and point number 7. I have downloaded it from a website.
18th November 2013

Attached Files
Membership is required for download. Create An Account First
File Type: pdf 10._Minimum_Wages_Haryana_Parent_Notification.pdf (259.1 KB, 21 views)

Hi, As per shops and establishment act, every organization has to pay Over time on double of the wages irrespective of number of hours worked by an employee beyond his/her normal working hours.
19th November 2013 From India, Pune
Add Reply Start A New Discussion

Cite.Co - is a repository of information created by your industry peers and experienced seniors. Register Here and help by adding your inputs to this topic/query page.
Prime Sponsor: TALENTEDGE - Certification Courses for career growth from top institutes like IIM / XLRI direct to device (online digital learning)





About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service



All rights reserved @ 2019 Cite.Co™