I want to know how to calculate salary.
For example;
1) If the staff salary is Rs 10,000/- and that month has 30 days, then how much will be his/her per day salary.
2) If the staff salary is Rs 10,000/- and that month has 31 days, then what must be his per day salary.
6th August 2018 From India, Mumbai
Staff Salary. Always per month. Weekly holidays are paid holidays. To arrive at per days salary, is the divisible factor of 30 days or 31 days respectively.
6th August 2018 From India, Madras
By default, an employee is always paid salary per month irrespective of number of days whether it is 28, 29,30 or 31. The issue arises only when there is any Loss of Pay or Extra Pay to be made to the staffs. If it is 5 day week work schedule a month may have 20 -22 working days. Salary is divided by that many working days to get the pay per day. Loss of pay is also calculated on the same basis. For example, an employee in the month of July was on LoP for one day. His salary will be 10000-10000/22= 10000-455[rounded off]=9545.00 for the 21 days worked with one day pay lost.
6th August 2018 From India, Hyderabad
Salary of workers is mostly fixed per month. only in respect of contract labours govt is fixing wages per day (Central Govt).
As per minimum wages Act to arrive at per day wages of a monthly paid worker the amount of monthly wages has to be divided by 26. There is no question of no of days in a month. instead of calculating wages on number of days, first per day wage has to be decided by dividing his monthly wage by 26 and then salary of LOP or absent days has to be deducted from his monthly pay. So his per day wage will remain same throughout the year.
9th August 2018 From India, Pune
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