Employees' salary period runs from the 26th of one month to the 25th of the next month. When considering a salary period like 26th June to 25th July, the salary would typically be counted for the month of July. If you have any further questions, feel free to ask.
Arup Roy
From India, Jaipur
Acknowledge(0)
Amend(0)
Arup Roy
From India, Jaipur
Acknowledge(0)Amend(0)
Dear Arup Roy,
In my opinion, this type of wage period cannot be considered correct in the eyes of labor laws. The wage period should be considered as a calendar month, and accordingly, payment should be made by the 7th or 10th of the following month, as the case may be. I do not believe this type of accounting month is specified in any law.
Regards,
R.N. Khola
Skylark Associates, Gurgaon (Haryana)
(Labor Law & Legal Consultants)
09810405361
From India, Delhi
Acknowledge(1)Amend(0)
422In my opinion, this type of wage period cannot be considered correct in the eyes of labor laws. The wage period should be considered as a calendar month, and accordingly, payment should be made by the 7th or 10th of the following month, as the case may be. I do not believe this type of accounting month is specified in any law.
Regards,
R.N. Khola
Skylark Associates, Gurgaon (Haryana)
(Labor Law & Legal Consultants)
09810405361
From India, Delhi
Acknowledge(1)Amend(0)
Dear Arup,
It is a fairly common practice to treat the attendance period from the 26th of the previous month to the 25th of the current month to facilitate the timely preparation and disbursement of salaries. If the days are calculated from 26th June to 25th July, the payroll that would be processed will be for the month of July.
Best Wishes,
Vasant Nair
From India, Mumbai
Acknowledge(0)Amend(0)
It is a fairly common practice to treat the attendance period from the 26th of the previous month to the 25th of the current month to facilitate the timely preparation and disbursement of salaries. If the days are calculated from 26th June to 25th July, the payroll that would be processed will be for the month of July.
Best Wishes,
Vasant Nair
From India, Mumbai
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 CALCULATION.xls
Salary calculation.doc