Can Basic Vary Every Month

VISHAL NAGPAL
Basic salary can vary based upon the number of days you have worked. Companies don't calculate the basic for every month based upon the no. of days available so they usually keep the same basics for all sort of months in a year. U r correct my friend
alewisguy
Hi Deepak
This is an interesting discussion. I write to you from Triniodad where we have a seemingly different approach. Our system is heavily based on written contracts and those contracts expressly state how persons will be paid. If one's contract states that he/she is hired and is to be paid on a monthly basis, it essentially means that, unless the individual is terminated before the end of the month, he/she receives the agreed monthly rate each month. This applies whether the arrangement is permanent or temporary/contract. If, however, persons are hired on an hourly or weekly basis, they are paid only for the time worked, except where there are facilities for paod absences like sick leave, vacation, etc.
Angela.
lakshmangrandhi
dear deepak
the basic pay (breakup) in your offer letter is taken as the master pay (main for calculation) and accordingly your basic pay is calculated for no of days you worked for no of working days..... so obviously your basic pay can change....
its not just your basic pay .... your other components can also change ...
Lakshman Kumar grandhi
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