Overtime CALCULATION - Overtime Form

Hr And Compliance

Hr Executive

+3 Others

i WOULD LIKE TO KNOW HOW TO CALCULATE OVERTIME FOR AN IT BASED COMPANY INCASE IF PROGRAMMERS ARE WORKING EXTRA HOURS? AND IS THERE ANY REQUISITION FORM TO BE RECEIVED FROM THE PROJECT MANAGERS IF THEIR TEAM IS WORKING ON EXTRA HOURS?
IN CASE CAN I GET THE FORMULA FOR OVERTIME WITH ABBREVIATIONS AND A SAMPLE REQUISITION FORM FOR OVERTIME
THANKS IN ADVANCE
28th October 2007 From United Arab Emirates, Dubai

Kumar H P

Dear Mubin, Herewith find the OT Amount calculation formula as i know ((Basic+DA) * ( No of OT hours worked)/(No of working days * 8)) * 2 Truly Yours, Kumar.H.P
28th October 2007 From Hong Kong

Kumar H P

Dear Mubin, Herewith find the OT Amount calculation formula as i know ((Basic+DA) * ( No of OT hours worked)/(No of working days * 8 ) * 2 Truly Yours, Kumar.H.P
3rd November 2007 From Hong Kong

roopeshrai

Please find the calculation -
((Basic+DA) * ( No of OT hours worked) * 2
----------------------------------------------------
(No of working days(in that perticular month) * 8
Regds.
Roopesh
TEI , Noida
26th August 2009 From India, Gurgaon

[email protected]

Dear All,
In "CITI HR" different answers for One question.just how can i conform which one is correct answer for the question.
For example some of them said OT calculation on Basic+DA,..Some of then said on Total gross salary. Which one is correct ?

WHY IT HAPPENS ? WHY THEY DON'T GIVE EXACT ANSWER FOR THE QUESTION.
Is the site for time pass or gathering of knowledge ?

25th November 2009 From India, Hyderabad

krmrao

Hi
OT Calculation in a simple way
1. Basic + DA per Month / 26 days to arrive at 1 day salary or wage.
2. per day salary / 8 Hrs to arrive at per 1 Hr. wage or salary
3. No of OT Hrs X per Hr wage or salary X No. of OT Hrs X 2 ( double wage)
Mohan Rao
Manager HR
25th November 2009 From India, Visakhapatnam

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