i WOULD LIKE TO KNOW HOW TO CALCULATE OVERTIME FOR AN IT BASED COMPANY INCASE IF PROGRAMMERS ARE WORKING EXTRA HOURS? AND IS THERE ANY REQUISITION FORM TO BE RECEIVED FROM THE PROJECT MANAGERS IF THEIR TEAM IS WORKING ON EXTRA HOURS?
IN CASE CAN I GET THE FORMULA FOR OVERTIME WITH ABBREVIATIONS AND A SAMPLE REQUISITION FORM FOR OVERTIME
THANKS IN ADVANCE
From United Arab Emirates, Dubai
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IN CASE CAN I GET THE FORMULA FOR OVERTIME WITH ABBREVIATIONS AND A SAMPLE REQUISITION FORM FOR OVERTIME
THANKS IN ADVANCE
From United Arab Emirates, Dubai
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Dear Mubin, Herewith find the OT Amount calculation formula as i know ((Basic+DA) * ( No of OT hours worked)/(No of working days * 8)) * 2 Truly Yours, Kumar.H.P
From Hong Kong
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55From Hong Kong
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Dear Mubin, Herewith find the OT Amount calculation formula as i know ((Basic+DA) * ( No of OT hours worked)/(No of working days * 8 ) * 2 Truly Yours, Kumar.H.P
From Hong Kong
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From Hong Kong
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Please find the calculation:
((Basic + DA) * (No. of OT hours worked) * 2
----------------------------------------------------
(No. of working days (in that particular month) * 8)
Regards,
Roopesh
TEI, Noida
From India, Gurgaon
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((Basic + DA) * (No. of OT hours worked) * 2
----------------------------------------------------
(No. of working days (in that particular month) * 8)
Regards,
Roopesh
TEI, Noida
From India, Gurgaon
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Dear All,
In "CITI HR," different answers for one question. Just how can I confirm which one is the correct answer for the question? For example, some of them said OT calculation is based on Basic+DA, while some others said it should be on the total gross salary. Which one is correct?
Why does this happen? Why don't they give an exact answer to the question? Is the site for passing time or for gathering knowledge?
"Please find the calculation - ((Basic+DA) * (No of OT hours worked) * 2) / (No of working days (in that particular month) * 8)"
Regards,
Roopesh
TEI, Noida
From India, Hyderabad
Acknowledge(0)Amend(0)
In "CITI HR," different answers for one question. Just how can I confirm which one is the correct answer for the question? For example, some of them said OT calculation is based on Basic+DA, while some others said it should be on the total gross salary. Which one is correct?
Why does this happen? Why don't they give an exact answer to the question? Is the site for passing time or for gathering knowledge?
"Please find the calculation - ((Basic+DA) * (No of OT hours worked) * 2) / (No of working days (in that particular month) * 8)"
Regards,
Roopesh
TEI, Noida
From India, Hyderabad
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Hi,
OT Calculation in a simple way:
1. Basic + DA per month / 26 days to arrive at 1-day salary or wage.
2. Per day salary / 8 hrs to arrive at per 1 hr wage or salary.
3. Number of OT hrs X per hr wage or salary X No. of OT hrs X 2 (double wage).
Mohan Rao Manager HR
From India, Visakhapatnam
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OT Calculation in a simple way:
1. Basic + DA per month / 26 days to arrive at 1-day salary or wage.
2. Per day salary / 8 hrs to arrive at per 1 hr wage or salary.
3. Number of OT hrs X per hr wage or salary X No. of OT hrs X 2 (double wage).
Mohan Rao Manager HR
From India, Visakhapatnam
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Hi Krmrao 21,
Click on "Follow" to get recommendations from Krmrao + @ ☰ #6.
OT Calculation in a simple way:
1. Basic + DA per month / 26 days to arrive at 1-day salary or wage.
2. Per day salary / 8 hrs to arrive at per 1 hr wage or salary.
3. Number of OT hrs x per hr wage or salary x Number of OT hrs x 2 (double wage).
Mohan Rao
Manager HR
From India, Udaipur
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Click on "Follow" to get recommendations from Krmrao + @ ☰ #6.
OT Calculation in a simple way:
1. Basic + DA per month / 26 days to arrive at 1-day salary or wage.
2. Per day salary / 8 hrs to arrive at per 1 hr wage or salary.
3. Number of OT hrs x per hr wage or salary x Number of OT hrs x 2 (double wage).
Mohan Rao
Manager HR
From India, Udaipur
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