Dear Sir,
I have some query about the Overtime. Our office hours are start from 9.30 to 7.00 so whoever do duty after working hours that is considered as overtime.
Please find herewith OT calculation for your perusal.
Kindly check & let me know if there is any correction.
Also let me while calculation OT can we consider lunch time. Beside that if there any rules for OT please advice me.
An early reply will be highly appreciated
Thanks & Regards
Sujata

From India, Pune
Attached Files (Download Requires Membership)
File Type: zip OT Calculation.zip (10.8 KB, 1496 views)

NPMB
16

Dear Sujata
please clarify the question
If ur question is related to Vehicle Bill then here is the reply:-
if u taken this vehicle on rent along with the driver charge then its totaly depend on the agreement made at the time of hiring the vehicle

From India, Jamshedpur
Attached Files (Download Requires Membership)
File Type: xls Vehicle bill.xls (37.5 KB, 979 views)

Hi Sujata,
I have gone through your calculation. it seems that the Driver is paid monthly salary of INR 12500 and working days are 27, you have calculated OT at single rate.
I think the calculation should be as follows:
OT = (Gross salary/(month day i.e. 30 or 31))/8 X No. of OT hours X 2
Regards,

From India, Mumbai
NPMB
16

we are giving payment to driver because we hire vehicle along with the driver. and the cost of driver or payment to driver is given by the vehicle owner
minimum working hour should be 8 Hr
If the vehicle driver is belongs to campany then the calculation is as:--
normal Hr of working 08:00 to 05:00pm (excluding lunch time i.e 01:00 to 02:00pm)
OT calculation suppose 05:00pm to 07:00pm OT will be 2hr.
driver rate as per minimum rate of (central or state)
Ot rate twice the rate of normal

From India, Jamshedpur
Dear All
He is not driver he is admin assistant & he has to go for out side for official work so we give petrol allowance Rs. 2.50 Per Km.
Secondly our working hours are 9.30 not 8.
so let me know the attached calculation is correct or not also as per our company policy if any employee works less than hours then we will not consider the extras minutes for OT.
Regards
Sujata

From India, Pune
Hi Sujata,
Please let us know whether company has policy of paying its employee at single rate of wages / salary?
secondly whether your company has 5 days working or 6 days working week?
Overtime should be at double rate of wages / salary.
if your company has 5 days working week then the calculation OT shall be as follows:
OT = ((Gross Salary / Month day i.e.20 days or 21 days applicable) / 9.50) X 2) X No. of OT Hours
Regards,
Avinash K.

From India, Mumbai
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.





Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.