How many days to be taken into account while calculating monthly salary to daily wages? - CiteHR
Umakanthan53
Labour Law & Hr Consultant

Prime Sponsor - FactoHR.com - Payroll Software with GPS Enabled Attendance, Travel, Performance Management, HRMS. Explore Features
Can some one pls clarify on following:
How many days to be taken into account while calculating monthly salary to daily wages?
Whether we can pay salary for public holidays or not ? If we can pay 26 days salary in a month irrespective of no of working days , pls quote me circular to that extent
Cite.Co is a repository of information created by your industry peers and experienced seniors sharing their experience and insights.
Join Us and help by adding your inputs. Contributions From Other Members Follow Below...
Dear Sastry,
I think that your query is about conversion of monthly rates of minimum wages to that of daily rates. You can find the method of conversion mentioned in the explanatory note of the G.O issued by the appropriate Government fixing the minimum wages under the Minimum Wages Act,1948. You have to divide the monthly rate by 26 to arrive at the daily rate and in the case of daily rate only been fixed, you have to multiply it by 30 to arrive at the monthly rate. For all practical purposes, a month is deemed to have 30 days irrespective of the actual days in the calendar month.
Always, public holidays are paid holidays only.
If you still need further clarification, you may refer to the previous threads on the same subject.
Sir, pls clarify whether we have to pay salary for 2nd & 4th Saturdays and public holidays in a month or not?
For example: June 2019 : 5 sundays, 2 Saturdays and one public holiday is there..
We are paying salary for 22 days only..
Pls clarify for how many days we have to pay...
If salary to be paid for Saturdays and holidays pls quite circular to that extent..
Sir, pls clarify whether we have to pay salary for 2nd & 4th Saturdays and public holidays in a month or not? For example: June 2019 : 5 sundays, 2 Saturdays and one public holiday is there.. We are paying salary for 22 days only.. Pls clarify for how many days we have to pay... If salary to be paid for Saturdays and holidays pls quite circular to that extent.. read more at: https://www.citehr.com/612345-min-wa...ml#post2426859
Prime Sponsor - Talentedge.com "Interactive Anywhere Learning". Executive courses from top reputed institutes like IIM, XLRI, MICA. View Courses
Please Login To Add Reply






About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service



All rights reserved @ 2019 Cite.Co™