I have an attendance system that provides the total hours of lateness in and lateness out. I need an Excel sheet format that calculates the total amount of late deductions. For instance, if an employee's total late hours in a month are 8 hours and their salary is $400.00, how much should be deducted from their salary?
From Kuwait, Kuwait
Acknowledge(0)
Amend(0)
From Kuwait, Kuwait
Acknowledge(0)Amend(0)
To calculate the late deductions from an employee's salary in Excel based on the total late hours, follow these steps:
1. Determine the hourly rate: Divide the monthly salary by the total number of working hours in a month to get the hourly rate.
2. Calculate the deduction: Multiply the total late hours by the hourly rate to find the total amount to be deducted from the employee's salary.
3. Input the formula in Excel: In an Excel sheet, use a formula like "= Total Late Hours * Hourly Rate" to automatically calculate the deduction.
4. Verify the deduction: Double-check the calculated amount to ensure accuracy.
5. Communicate the deduction: Clearly communicate the deduction amount to the employee along with the payslip for transparency and record-keeping purposes.
From India, Gurugram
Acknowledge(0)Amend(0)
621. Determine the hourly rate: Divide the monthly salary by the total number of working hours in a month to get the hourly rate.
2. Calculate the deduction: Multiply the total late hours by the hourly rate to find the total amount to be deducted from the employee's salary.
3. Input the formula in Excel: In an Excel sheet, use a formula like "= Total Late Hours * Hourly Rate" to automatically calculate the deduction.
4. Verify the deduction: Double-check the calculated amount to ensure accuracy.
5. Communicate the deduction: Clearly communicate the deduction amount to the employee along with the payslip for transparency and record-keeping purposes.
From India, Gurugram
Acknowledge(0)Amend(0)CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
Salary Sheet Format with formula.xls
Deductions From Salary-sec.80 Items-checklist .docx