Wage calculation is done in two types:
1) Keeping it the same for all months, regardless of whether a month has 28, 29, 30, or 31 calendar days (since the weekly off-holiday is a paid holiday whether it falls on a Sunday or any other day as per industry practice). In this case, calculate as follows: 30 minus 4 = 26 days, so the Daily wage = prescribed wage / 26 days.
2) The second method is to work out based on the actual days of each month minus the actual weekly paid holiday. For example, for May 2012:
- Number of calendar days = 31
- Less Paid Weekly off = 4 days, which equals 27 working days
Therefore, the daily wage is = Prescribed wage / 27 = Rs....
If a person is present for all working days except the weekly off, then the full salary should be paid without calculating the daily wage. Daily wage calculations may be necessary when a person is absent for a few days in a month to adjust wages for the absent days. Any questions?
For the payment of gratuity, the calculation should invariably be wage / 26 days without considering all the weekly offs, etc.
Regards