An employee worked 2.5 hours of overtime in a month.
Let's assume their gross salary is ₹15,000.
How should the overtime amount be calculated? The general shift consists of 9 hours with 6 days of work per week.
From India, Kolkata
2Let's assume their gross salary is ₹15,000.
How should the overtime amount be calculated? The general shift consists of 9 hours with 6 days of work per week.
From India, Kolkata
As per Section 59 of Factories Act, when a worker works for more than 9 hours in a day or 48 hours in a week, he/ she will be entitled for overtime wages at twice the ordinary rate of wages.
Ordinary rate of wages will include Basic + Other Allowances.
In your case it will be the Gross Salary.
Regards
MVK
From India, Madras
Ordinary rate of wages will include Basic + Other Allowances.
In your case it will be the Gross Salary.
Regards
MVK
From India, Madras
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Time-management -7439-4556_187. ppt
Time-management _sent__1__200.d oc