what is the procedure of deduction salaries against absence? should i deduct it on the basis of whole month or working days of the month?
From Afghanistan
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From Afghanistan
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I am going to deduct the salary of an employee who was absent for 2 days in October. His salary is 2,500 US dollars, and the number of working days in our organization is 22 days. Now, should I deduct the salary based on the whole month (31 days) or on the basis of working days (22 days)?
Would it be 2,500/31 * 2 or 2,500/22 * 2?
From Afghanistan
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Would it be 2,500/31 * 2 or 2,500/22 * 2?
From Afghanistan
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2500/22*2 is the correct one.Gross salary divided by total no of working days multiplied by 2 lops
From India, Hyderabad
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5From India, Hyderabad
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Hi, If the person is paid based on contract, then you need to deduct for working days. If full time employee the weekends are considered as paid rest and you should calculate for 31 days.
From India, New Delhi
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From India, New Delhi
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It depends on the service agreement entered into between the employer and employee. You can inquire with neighboring similar companies on the above issue.
Acts depend on the country. If it is a US company, the rules are different than in an Indian company. It is better to consult similar nearby companies at your place.
Regards,
D. Subba Rao
From India, Visakhapatnam
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Acts depend on the country. If it is a US company, the rules are different than in an Indian company. It is better to consult similar nearby companies at your place.
Regards,
D. Subba Rao
From India, Visakhapatnam
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Salary Calculation Method
The calculation of salary is as follows:
Salary = (Total days in the month / 30 or 31) * Working days
If the working days fall before or after a Sunday, the employee is considered present for Sunday. If the working days fall both before and after Sunday, the employee is considered absent on Sunday.
From India, Bangalore
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The calculation of salary is as follows:
Salary = (Total days in the month / 30 or 31) * Working days
If the working days fall before or after a Sunday, the employee is considered present for Sunday. If the working days fall both before and after Sunday, the employee is considered absent on Sunday.
From India, Bangalore
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SALARY SHEET CALCULATION.xls
Salary calculation.doc