Dear Swapna,
What is the reason for changing the calculation mode? What is the status of your establishment? i.e., whether it is a factory under Factories Act or whether the establishment is under Shops and Establishments Act. Has there been any bilateral agreement signed to this effect?
Kindly clarify the above to arrive at specific advice.
Arun Dixit
9420 69 6660
020 2437 6185
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9What is the reason for changing the calculation mode? What is the status of your establishment? i.e., whether it is a factory under Factories Act or whether the establishment is under Shops and Establishments Act. Has there been any bilateral agreement signed to this effect?
Kindly clarify the above to arrive at specific advice.
Arun Dixit
9420 69 6660
020 2437 6185
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Swapnasangari1,
The mode of calculation of salary/wages largely depends on the terms of the contract of employment between an employee and an employer. This may also be in accordance with the Certified/Model Standing Orders/Payment Terms bilaterally accepted between an employee and employer, and various enactments as applicable to the particular establishment.
In my opinion, for the regular and punctual employee, the calculation mode hardly makes any difference. If one is present on duty throughout the payment period, takes leaves with prior approval, and in general, contributes to the organizational discipline, then for them, no questions arise regarding deductions due to absenteeism, whether the denominator is reduced or not.
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The mode of calculation of salary/wages largely depends on the terms of the contract of employment between an employee and an employer. This may also be in accordance with the Certified/Model Standing Orders/Payment Terms bilaterally accepted between an employee and employer, and various enactments as applicable to the particular establishment.
In my opinion, for the regular and punctual employee, the calculation mode hardly makes any difference. If one is present on duty throughout the payment period, takes leaves with prior approval, and in general, contributes to the organizational discipline, then for them, no questions arise regarding deductions due to absenteeism, whether the denominator is reduced or not.
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Hi,
Can anyone please help me on the Factories Act in Kerala, Thrissur-based Manufacturing Industry? What are the benefits to be given to workers and staff? What are the registers to be maintained? How to calculate the OT? Referring to the above circulars.
Regards, Vijay
From India, Thrissur
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Can anyone please help me on the Factories Act in Kerala, Thrissur-based Manufacturing Industry? What are the benefits to be given to workers and staff? What are the registers to be maintained? How to calculate the OT? Referring to the above circulars.
Regards, Vijay
From India, Thrissur
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Can we link our leave record (Working days) with the salary sheet of each month to create an automatically generated salary sheet? All we have to do is enter the number of working days in the leave record. Is it possible? Via Excel VBA, please guide me on this process.
On the main page, via a drop-down menu, we can select the month. This action will open a salary sheet format for that particular month, which should also be connected to the working days in the leave record sheet that we have prepared. Please guide me on how to achieve this.
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On the main page, via a drop-down menu, we can select the month. This action will open a salary sheet format for that particular month, which should also be connected to the working days in the leave record sheet that we have prepared. Please guide me on how to achieve this.
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Hello, I am sarita Sharma working with a engineering college as an assistant Manager HR.can anybody help me in employee engagement & grievance hadling. Regards, Sarita sharma
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Basic Salary and night allowance and extansion and spacell day allowance excell formal example excell
From India, Chennai
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From India, Chennai
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Dear sir please provide information regarding How to calculate loss of payment whether grass salary are how
From India, Mumbai
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From India, Mumbai
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Salary calculations.xl s
Salary-Note.doc