I am happy to inform you that I have secured an HR job in a new company. My first task involves managing salaries in the automobile industry, which has different calculation policies. I require your assistance in setting up formulas for the salary sheet as the current ones are challenging to comprehend.
Key Steps for Salary Management
- **Late Time (LT):** Three late times are permissible, and beyond that, we need to deduct half a day's salary.
- **Half Day:** Deduct half a day's salary for partial leaves.
- **Sunday Present:** Either pay full day salary or adjust it with absences.
- **Leaves:** Adjust leaves with the opening leave balance. If the leave balance is zero, consider it as an absence for deduction.
- **Closing Leaves:** Calculate the closing leave balance and carry it forward to the next month.
- **Deductions:** Include deductions for advances, mobile, and deposits.
- **ESI/PF Calculations:** Ensure proper calculations for ESI and PF.
Kindly assist me in setting up these formulas in the sheet. Your help will be greatly appreciated. You can reach me via email at [Email Removed For Privacy Reasons] or, in case of urgency, call me at [Phone Number Removed For Privacy Reasons] (Official contact number).
Thank you,
Pooja Sharma
From India, Indore
Acknowledge(0)
Amend(0)
28Key Steps for Salary Management
- **Late Time (LT):** Three late times are permissible, and beyond that, we need to deduct half a day's salary.
- **Half Day:** Deduct half a day's salary for partial leaves.
- **Sunday Present:** Either pay full day salary or adjust it with absences.
- **Leaves:** Adjust leaves with the opening leave balance. If the leave balance is zero, consider it as an absence for deduction.
- **Closing Leaves:** Calculate the closing leave balance and carry it forward to the next month.
- **Deductions:** Include deductions for advances, mobile, and deposits.
- **ESI/PF Calculations:** Ensure proper calculations for ESI and PF.
Kindly assist me in setting up these formulas in the sheet. Your help will be greatly appreciated. You can reach me via email at [Email Removed For Privacy Reasons] or, in case of urgency, call me at [Phone Number Removed For Privacy Reasons] (Official contact number).
Thank you,
Pooja Sharma
From India, Indore
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