Guide to Calculating Arrears and Increments in Payroll - HR Experts Insights - CiteHR

Dear Seniors,

I am new in the HR field and recently joined the industry. I have been assigned a task of calculating arrears for the workers. The management has decided to give increments in September 2009, and I need to calculate arrears from April 2009 to August 2009.

Please assist me by providing any format or formula to calculate arrears.

Thank you.

From India, Pune
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Avika
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Arrears would be calculated as the difference between the existing per month salary and the proposed per month salary multiplied by the number of months for which arrears are to be paid. If different components of the salary structure have been revised separately, calculations would be done separately for each component.

Hope this would help you.

Thanks & Regards, Avika Kapoor Kapgrow Corporate Advisory Services Pvt. Ltd. E-173, Kalkaji, New Delhi - 110019 avika.kapoor@kapgrow.com 09310270884

From India, New Delhi
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Dear Lalit Please enclosed herewith arrears payment Excel Sheetfor doing needful at your end.
From India, Vadodara
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File Type: xls Arrear Calculation sheet.xls (19.5 KB, 9219 views)

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Hi I am Somak Das working as HR Executive in a company, I have been asked to calculate increment of my Boss as 5% wef April 09 , pls help me . its urgent. Regards Somak Das
From India, Bangalore
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Dear Mr. Avika Kapoor,

I am working as an HR Assistant, and I want to know the details regarding the following:

Salary Increment and Arrears Calculation

Our company has decided to give an 8% increment on the gross salary effective from October 2009 to March 2010. We revised the salary accordingly in February 2010. We now need to calculate arrears for 4 months. Please let me know if I should consider the Loss of Pay (LOP) while calculating the arrears for these 4 months.

Awaiting your reply.

Regards,
Ragunathan
[Phone Number Removed For Privacy Reasons]

From India, Madras
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