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...
Per day calculation for the whole month is the best option available. ex.16000/30=533.33 533.33*16=8533.33
I know one organization ( MNC ) following the different way to deal with monthly paid staff as mentioned below. It appears to me logical.
Daily wages is arrived by ( Monthly wage x 12 ) / 365. LOP in any month is determine by No. of days LOP x Daily wage. Gross salary will be ( Monthly salary - LOP ).
S K Bandyopadhyay ( Howrah, WB )
+91 98310 81531
USD HR Solutions

Great article, don't know it before, thanks.
https://www.samedayessay.com/ is one of many services that let you hire a writer for an essay online. But this is not like any other service. This is the best option you have. Because specialists here work in all areas of study, we will also appoint the best writer with the best offer at an affordable price and we will provide a guarantee of free revisions if you are not satisfied with the results of the work done.

They say give the credit where itís due. I had 4 essays and my dissertation from bestresearchpaper com. All pieces scored well and I thought it would be nice to thank and applaud their writers and the support team. I will be back with more orders as I am string my Masters this September. I recommend anyone struggling with their uni work to contact this site for help.
As per statutory compliance,
We consider actual working days excluding weekly off as the factor for calulating per day salary.
Eg. If a month has 30 days and 04 weekly off,then work days in month are 26,hence Monthly salay/ 26 days would be the per day salary.And if an employee is called for work on weekly off or on holiday,then it amounts to over time and it is required to be paid at the double the rate of per day value.
This allowas us to satisfy the stautory obligations correctly.

A very simple calculation states here that - If a person has worked for no. of days, that person should be paid as per his one day salary. To this consent, the person should get 16 days salary as he was present for 16 days. Also, it doesn't matter if the month is 30th or 31st as he was absent in the remaining days.

Please Login To Add Reply






About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service



All rights reserved @ 2020 Cite.Coô