Hi is there any one help me that in my office we have five day working and as per the policy company will provide 30 working days leave salary. How can i calculate the same.
From Bahrain
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From Bahrain
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We have to calculate the salary for one day. Normally, the number of days in a month is taken as 26. If you divide the salary by 26, the one-day salary can be calculated. Then multiply by 30. For example, salary/26*30.
In your case, you have five days working. In such cases, the number of working hours is extended beyond the normal eight hours of working. But the weekly hours remain the same, i.e., it may be 48 hours, equivalent to 6 days of working. Therefore, the basis of calculation should be the same.
From India, Delhi
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1In your case, you have five days working. In such cases, the number of working hours is extended beyond the normal eight hours of working. But the weekly hours remain the same, i.e., it may be 48 hours, equivalent to 6 days of working. Therefore, the basis of calculation should be the same.
From India, Delhi
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Leave Encashment & Salary Calculation.xls x
Salary calculation.doc