Can someone help me how to cut salary according to hourly base??
26th December 2013 From India, Rohtak
Hi
You can break the monthly salary into hourly and you can deduct it.
the formula goes like this: gross salary/26/8= one hour wages (26 is given in the minmum wages to derive a per day wage)
if salary is 10000 then 10000/26/8=48.07 is hourly wage.
26th December 2013
Dear Thanks alot for u reply. 26 are days in 1 month in which Sunday in not included (why 26 in mentioned there) ? (I got that 8 is per day 8hours work) and gross salary is total salary? Thanx
26th December 2013 From India, Rohtak
Hi
If you refer the minimum wages gazzatte, a clause is given as " to arrive at a daily wage, the monthly wages shall be divided by 26".
Calculating per day wage is like . Gross/fixed salary/26 = one/per day wage
Calculating per hour wage is like . one/per day wage/ 8 (8 is the no of working hours in a day)
Gross salary is fixed or total salary.
Hope this will gives you a better understanding!!!!
26th December 2013
Thanx alot for given me your valueable time.yes i got the answer. thanx alot
26th December 2013 From India, Rohtak
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