Hi Rikhi Jha,
1. What will be my salary during February if I joined on 5th Feb and if I joined on 27 Feb (Monthly salary 9000/-)?
2. What will be my salary during March if I joined on 5th March and if I joined on 31st March (Monthly salary 9000/-)?
What is the mean number of days for salary calculation in the private sector?
Please reply fast.
Regards, Rikhi Jha
From India, undefined
Acknowledge(0)
Amend(0)
1. What will be my salary during February if I joined on 5th Feb and if I joined on 27 Feb (Monthly salary 9000/-)?
2. What will be my salary during March if I joined on 5th March and if I joined on 31st March (Monthly salary 9000/-)?
What is the mean number of days for salary calculation in the private sector?
Please reply fast.
Regards, Rikhi Jha
From India, undefined
Acknowledge(0)Amend(0)
Salary Calculation for February and March
1a) If the join date is February 5, the attendance will be 24 days, i.e., from the 5th to the 28th, except for the first 4 days (1st to 4th). Salary for 24 days = 9000 x 24/28 = 7714.29.
1b) If the join date is February 27, the attendance will be 2 days, i.e., the 27th & 28th. Salary for 2 days = 9000 x 2/28 = 642.86.
2a) If the join date is March 5, the attendance will be 27 days, i.e., from the 5th to the 31st, except for the first 4 days (1st to 4th). Salary for 27 days = 9000 x 27/31 = 7838.71.
2b) If the join date is March 31, the attendance will be 1 day, i.e., 31st March only. Salary for 1 day = 9000/31 = 290.32.
Regards, Abbas.P.S
From India, Bangalore
Acknowledge(0)Amend(0)
5301a) If the join date is February 5, the attendance will be 24 days, i.e., from the 5th to the 28th, except for the first 4 days (1st to 4th). Salary for 24 days = 9000 x 24/28 = 7714.29.
1b) If the join date is February 27, the attendance will be 2 days, i.e., the 27th & 28th. Salary for 2 days = 9000 x 2/28 = 642.86.
2a) If the join date is March 5, the attendance will be 27 days, i.e., from the 5th to the 31st, except for the first 4 days (1st to 4th). Salary for 27 days = 9000 x 27/31 = 7838.71.
2b) If the join date is March 31, the attendance will be 1 day, i.e., 31st March only. Salary for 1 day = 9000/31 = 290.32.
Regards, Abbas.P.S
From India, Bangalore
Acknowledge(0)Amend(0)
Usually companies calculate per day salary on the basis of 30 days for all months in the year. Thus, it will be calculated as: (total salary/30)*no. of days worked in that month.
Acknowledge(0)Amend(0)
Acknowledge(0)Amend(0)
Make it clear. In seven months, namely January, March, May, July, August, October, and December, there are 31 days. If an employee has an attendance of 30 days and one day of LWOP, will he get the full salary.
Abbas.P.S
From India, Bangalore
Acknowledge(0)Amend(0)
Abbas.P.S
From India, Bangalore
Acknowledge(0)Amend(0)
If you joined on 5th February, then your salary will be 9000*24/28 = 7714.00.
If you joined on 27th February, then your salary will be 9000*2/28 = 643.00.
If you joined on 5th March, then your salary will be 9000*28/31 = 8129.00.
If you joined on 31st March, then your salary will be 9000*1/31 = 290.00.
From India, Chandigarh
Acknowledge(0)Amend(0)
If you joined on 27th February, then your salary will be 9000*2/28 = 643.00.
If you joined on 5th March, then your salary will be 9000*28/31 = 8129.00.
If you joined on 31st March, then your salary will be 9000*1/31 = 290.00.
From India, Chandigarh
Acknowledge(0)Amend(0)
Salary Calculation Based on Joining Date
If there is no LWOP, then:
- Your salary if you joined on 5th February: (9000 x 24) / 28 = Rs. 7714.28 (assuming February has a 28-day month).
- Your salary if you joined on 27th February: (9000 x 2) / 28 = Rs. 642.85 (assuming February has a 28-day month).
- Your salary if you joined on 5th March: (9000 x 27) / 31 = Rs. 7838.70.
- Your salary if you joined on 31st March: (9000 x 1) / 31 = Rs. 290.30.
Salary Calculation with LWOP
If there are some LWOP, then:
- Your salary if you joined on 5th February: (9000 x 24 - LWOP) / 28 (assuming February has a 28-day month).
- Your salary if you joined on 27th February: (9000 x 2 - LWOP) / 28 (assuming February has a 28-day month).
- Your salary if you joined on 5th March: (9000 x 27 - LWOP) / 31.
From India, Chandigarh
Acknowledge(0)Amend(0)
If there is no LWOP, then:
- Your salary if you joined on 5th February: (9000 x 24) / 28 = Rs. 7714.28 (assuming February has a 28-day month).
- Your salary if you joined on 27th February: (9000 x 2) / 28 = Rs. 642.85 (assuming February has a 28-day month).
- Your salary if you joined on 5th March: (9000 x 27) / 31 = Rs. 7838.70.
- Your salary if you joined on 31st March: (9000 x 1) / 31 = Rs. 290.30.
Salary Calculation with LWOP
If there are some LWOP, then:
- Your salary if you joined on 5th February: (9000 x 24 - LWOP) / 28 (assuming February has a 28-day month).
- Your salary if you joined on 27th February: (9000 x 2 - LWOP) / 28 (assuming February has a 28-day month).
- Your salary if you joined on 5th March: (9000 x 27 - LWOP) / 31.
From India, Chandigarh
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