As there is no prescribed law for calculating wage for workers, pls advice about the following.
Want to calculate wages for workers in the following way, pls suggest whether there is anything wrong as per law or not:
Suppose monthly wage of a worker = 10000 Rs.
Consider January month
Total days in a month = 31 days
Weekly offs = 5
Absent = 1
Paydays = 31-5-1 = 25
Calculation = (10000/ [31 - 5])*25 = 9616.
The same way we want to calculate for all months. Is there any issue with the above?
Want to calculate wages for workers in the following way, pls suggest whether there is anything wrong as per law or not:
Suppose monthly wage of a worker = 10000 Rs.
Consider January month
Total days in a month = 31 days
Weekly offs = 5
Absent = 1
Paydays = 31-5-1 = 25
Calculation = (10000/ [31 - 5])*25 = 9616.
The same way we want to calculate for all months. Is there any issue with the above?