Salary Calculation for February in a Hospitality Organization
I have a question and need clarification on this issue. How do I calculate the salary for the month of February? I work in a Hospitality Organization as an HR professional, but I am unsure about how to calculate the salary for February.
Our company follows a specific procedure: if there are 31 days in a month, we calculate the salary based on 31 days. For example, Salary = X, Working Days = Y, Month Days = 31 or 30. We follow this formula: X/31 * Y = Employee's Monthly Salary.
Please guide me on how to calculate the salary for the month of February.
Notes on Salary Calculation
• We provide one paid leave to each employee every month.
• We also mark half a day if an employee arrives late.
• If an employee has worked in February and arrived late, we mark half a day and adjust one leave. How should I calculate the salary for this employee?
• What is the procedure according to labor law and HR systems?
Regards,
Sunny
I have a question and need clarification on this issue. How do I calculate the salary for the month of February? I work in a Hospitality Organization as an HR professional, but I am unsure about how to calculate the salary for February.
Our company follows a specific procedure: if there are 31 days in a month, we calculate the salary based on 31 days. For example, Salary = X, Working Days = Y, Month Days = 31 or 30. We follow this formula: X/31 * Y = Employee's Monthly Salary.
Please guide me on how to calculate the salary for the month of February.
Notes on Salary Calculation
• We provide one paid leave to each employee every month.
• We also mark half a day if an employee arrives late.
• If an employee has worked in February and arrived late, we mark half a day and adjust one leave. How should I calculate the salary for this employee?
• What is the procedure according to labor law and HR systems?
Regards,
Sunny