Dear Friends,
Please help me how to calculate salary who is joining in the middle of the month.
example : if one person jointed the organization on 23rd of october and his salary is Rs. 10000/- per month
My main issue is , whether for per day salary calculation should I divide his salary by 31 days or 26/27 days.
Thanks
Sujit
From India, Delhi
1Please help me how to calculate salary who is joining in the middle of the month.
example : if one person jointed the organization on 23rd of october and his salary is Rs. 10000/- per month
My main issue is , whether for per day salary calculation should I divide his salary by 31 days or 26/27 days.
Thanks
Sujit
From India, Delhi
Hie,
1) In case of the new joinees - Salary is calculated on the basis of no. of days worked + weekends...
2) But if u have to Calculate per day Salary for the month of Oct
U'll nt divide it by 31 ... We dnt include sundays for any month...
it has to be divided by 27.
i hope it helped u ...
Regards
Shveta
From India, Delhi
1) In case of the new joinees - Salary is calculated on the basis of no. of days worked + weekends...
2) But if u have to Calculate per day Salary for the month of Oct
U'll nt divide it by 31 ... We dnt include sundays for any month...
it has to be divided by 27.
i hope it helped u ...
Regards
Shveta
From India, Delhi
Hi Sujit
how u are paying salary to all employees it can be done both ways
but more legally is divde total salary by 26and multiply by no of working
days. one day salary is calculated by dividing from 26.
tks
j s malik
From India, Delhi
how u are paying salary to all employees it can be done both ways
but more legally is divde total salary by 26and multiply by no of working
days. one day salary is calculated by dividing from 26.
tks
j s malik
From India, Delhi
friend
basically salary is get divided by 30, in any case means month is of 31 or 28 or 29 days.
you have divide salary by 30 and then multiply by no of days he attends the work.
may be it helps you.
Ranjeet Kulkarni
From India, Pune
basically salary is get divided by 30, in any case means month is of 31 or 28 or 29 days.
you have divide salary by 30 and then multiply by no of days he attends the work.
may be it helps you.
Ranjeet Kulkarni
From India, Pune
Apart for Gratuity, where month is considered to be of 26 days, Salary for those who join in the middle of any month, normally month should be considered as if there is 30 days only.
There are organization which takes month on actual no. of days.
I have not come across any act which say a month should be of 30 days or actual no. of days. if there is any act which says that a month should be of 30 days pl let me know (Let me know the exact section of the act).
So, check the practice in your organization. Check the salary slips of those employees who has worked for a lesser no. of days and find out how the salary for that month of that employee has been calculated.
Regards,
Nilendra
There are organization which takes month on actual no. of days.
I have not come across any act which say a month should be of 30 days or actual no. of days. if there is any act which says that a month should be of 30 days pl let me know (Let me know the exact section of the act).
So, check the practice in your organization. Check the salary slips of those employees who has worked for a lesser no. of days and find out how the salary for that month of that employee has been calculated.
Regards,
Nilendra
I have a doubt in this regard.An employee recently complained to me that for 1 day's LWOP, his PF contribution, flexi claims and other components are also showing variation and that reduction is not only in . Is this possible.?
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