Dear,
Normally salaries paid monthly monthly staffer/employee and salaries paid for daily rated is for 26 days.So in case of monthly salary you have consider all month days irrespective of i.e 30/31 days.
Generally this is followed. Since office is staffer is monthly salary paid, it has to be calculated on monthly for 30 days irrespective month.
Sunil Choughule
From India, Mumbai
12Normally salaries paid monthly monthly staffer/employee and salaries paid for daily rated is for 26 days.So in case of monthly salary you have consider all month days irrespective of i.e 30/31 days.
Generally this is followed. Since office is staffer is monthly salary paid, it has to be calculated on monthly for 30 days irrespective month.
Sunil Choughule
From India, Mumbai
Lots of Acts are discussed at a Great Length. In My opinion the article displayed on the Website of Ministry of Manpower sufficiently provides the facts as for the calculation of the Gross Salary Payable for the month is calculated on the basis of following formula :-
Salary payable for incomplete month of work = Monthly gross rate of pay x Total number of days the employee actually worked in that month / Total number of working days in that month.
Where the total number of working days in the said month should come to actual Working Days of the Month. We in Ahmedabad have Staggered Day on Thursday in Vatva Region. So if in a month of 31 Days there are 5 Thursdays then no. of working days comes to 26 and if in the month of 30 days it is 5 then it shall be 25. It is never fixed on 26 or 30.
The link to the above mentioned law is as follows :-
Calculation of Salary - Ministry of Manpower
Regards,
Dr. Urjit Kavi
From India, Delhi
Salary payable for incomplete month of work = Monthly gross rate of pay x Total number of days the employee actually worked in that month / Total number of working days in that month.
Where the total number of working days in the said month should come to actual Working Days of the Month. We in Ahmedabad have Staggered Day on Thursday in Vatva Region. So if in a month of 31 Days there are 5 Thursdays then no. of working days comes to 26 and if in the month of 30 days it is 5 then it shall be 25. It is never fixed on 26 or 30.
The link to the above mentioned law is as follows :-
Calculation of Salary - Ministry of Manpower
Regards,
Dr. Urjit Kavi
From India, Delhi
Dr. Urjit Kavi has given the reference of Singapore government which can be different from Indian labour law.. However, it is the most logical way of calculation and we are following this system for the past several years without any objections from our unions. Regards
From India, Thane
From India, Thane
The Main concept for calculating Salary gross salary/no of days in a month* worked days
From India, Chandigarh
From India, Chandigarh
Dear all
as far i know that in mostly companies salary calculation do as- Gross salary/monthly days*working days (including leave+weekly off+holiday)
but per law salary should be calculate with 26 days.
because after working of 06 days, 1 rest is mandatory
finally we have two option to calculate salary
1. if we prepare the salary on monthly basis then we can take standrad 30/31 days
2. if we pay on daily wages basis then we have no option otherwise to calculate with 26 days.
From India, Dehra Dun
as far i know that in mostly companies salary calculation do as- Gross salary/monthly days*working days (including leave+weekly off+holiday)
but per law salary should be calculate with 26 days.
because after working of 06 days, 1 rest is mandatory
finally we have two option to calculate salary
1. if we prepare the salary on monthly basis then we can take standrad 30/31 days
2. if we pay on daily wages basis then we have no option otherwise to calculate with 26 days.
From India, Dehra Dun
Dear All,
Accepted that the link is from the Singapore Ministry but same applies as per the Factories Act.
The link was posted for making it clear that such calculation needs to be carried out.
Regards,
Dr. Urjit Kavi
From India, Delhi
Accepted that the link is from the Singapore Ministry but same applies as per the Factories Act.
The link was posted for making it clear that such calculation needs to be carried out.
Regards,
Dr. Urjit Kavi
From India, Delhi
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SALARY SHEET CALCULATION.xls
Salary calculation.doc