Dear Friends,
My views to the group for above query is as follows.
Recently while doing the calculation of OT I was in a fix. Because some industries calculate on the basis of 26 days of wages while some calculate on 30 days wages.(Basic+DA/26or30dys/8*2*no.of Hrs of OT).
In case of 26 days the 4 W.Off's are excluded. & in case of 30 days salary is paid inclusive of 4 w.off's. So when somebody takes leave & if his salary is calculated on 30 days then W.Off's are also condidered for computation purpose.But again some companies who are paying on 30 days method of monthly salary do not include the Weekly Off's.
Regards,
My views to the group for above query is as follows.
Recently while doing the calculation of OT I was in a fix. Because some industries calculate on the basis of 26 days of wages while some calculate on 30 days wages.(Basic+DA/26or30dys/8*2*no.of Hrs of OT).
In case of 26 days the 4 W.Off's are excluded. & in case of 30 days salary is paid inclusive of 4 w.off's. So when somebody takes leave & if his salary is calculated on 30 days then W.Off's are also condidered for computation purpose.But again some companies who are paying on 30 days method of monthly salary do not include the Weekly Off's.
Regards,