Gannahope
Asst.commissioner Of Labour..a.p.
Suresh2511
Labour Consultant

Thread Started by #Indu@HR

I joined on feb21st this month - how much salary will i get, how to calculate as this month is 28days only?
7th March 2018 From India, Hyderabad
Hi Indu,
For new joiners, the salary will be calculated on a prorated basis. From your salary, per day wage will be calculated and paid accordingly for February.
Not sure about your salary, structure and deductions hence, not possible to give a feasible answer.
If you have your CTC details in the offer letter, please go through and ask HR for any clarification.
Regards
Thiyagu
7th March 2018 From India, Bengaluru
what is the formula of payroll for feb salry
7th March 2018 From India, Hyderabad
Indu,
Calculate your salary on the following formula:
Your monthly salary x 8 / 28 = salary payable.
Your no. of days for salary payment are 8 (21st to 28th Feb).
Suppose your monthly salary is Rs.28000 x 8 / 28 = Rs.8000.
Suresh
8th March 2018 From India, Thane
Oh my God...We have reported sevaral times...Again.....Ok
Monthly salaried person means.... Irrespective of any month having 30...31...28....Or 29 days of frebuary leap year .in a calander..,
First calculate one day salary....Then multiply with days upto last working day of that month...
Suppose a person was appointed with 26000 p.m salary...That person's salary per day is 26000÷26= Rs.1000/-per day.
Inthe given context from joined date 21st.february2018 to 28th February...
Is having 8 days..25th sunday...So total 07 working days.
So please multiply with 07 to one day salary..
Suppose a person's
monthly salary is
Rs
26000÷26days=Rs1000/-per day.(one day salary) ×07 working days =
Rs7000/-
Ok.
No confusion ...this is standard calculation authenticated by Indian Labour Laws..
Note : Monthly salary should always be devided by 26 days...Only ..to get one day salary per month...
Never devided by 28 or 30 or 31 or 29 days of that month..
Catch my point..Pls...
16th March 2018 From India, Nellore
Gross salary/No of days in the month * No of LWP. This amount will be deducted from the gross pay for the unpaid no of days in a month (Excluding other deductions)
30th May 2019 From India, Jalalpur
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