Hi Sharmila,
for a month there should be 4 days as week off.
so namely 4 sundays will not be considered for per day salary calculation.
hence the gross salary should be divided by 26 days oly not by 30 days.
From India, Coimbatore
10for a month there should be 4 days as week off.
so namely 4 sundays will not be considered for per day salary calculation.
hence the gross salary should be divided by 26 days oly not by 30 days.
From India, Coimbatore
Hi Brindha,
Kindly provide Example for following, as your experience.....
x salary is 12000;
Exp 1 : Sep month 24 days working 1 day LOP how much his salary;
Exp 2 : Sep month 27 days working including 3 Sunday & 1 LOP,
Exp 3 : Sep month 25 days working;
From India, Coimbatore
Kindly provide Example for following, as your experience.....
x salary is 12000;
Exp 1 : Sep month 24 days working 1 day LOP how much his salary;
Exp 2 : Sep month 27 days working including 3 Sunday & 1 LOP,
Exp 3 : Sep month 25 days working;
From India, Coimbatore
Dear Brindha,
Hope you are giving salary calculation for CL's. then your formula will be working out. It is calculated on daily wages.
Not for monthly salaried people where the Sundays are a paid holiday.
From India, Mumbai
Hope you are giving salary calculation for CL's. then your formula will be working out. It is calculated on daily wages.
Not for monthly salaried people where the Sundays are a paid holiday.
From India, Mumbai
According to the total days in the particular month that only consider to pay the salary.Eg january having 31 days february having 28 days.. Raju, HRD
From India, Secunderabad
From India, Secunderabad
I second, Mr. Shenbagarajan.
Dear ms.ghr, There has been a difference of opinion of call into your question. The best way which I found out as a solution to your query is use the following link for your monthly salary calculations.
Hope you may not have to visage on struggling what to do.
CiteHR attribution:
From India, Visakhapatnam
Dear ms.ghr, There has been a difference of opinion of call into your question. The best way which I found out as a solution to your query is use the following link for your monthly salary calculations.
Hope you may not have to visage on struggling what to do.
CiteHR attribution:
From India, Visakhapatnam
Hi Suresh,
Plz be clear that for staffs who are working on monthly basis, you cant consider their working on sundays. so u no need to pay for that. they are showing their own interest in completing their task. for that you can give compensatory off on some other days.
Bt in case of workers receiving per day wages & weekly basis you can pay for 26 days normal pay. i.e their per day wage will be 461.53. bt for sundays you ve to pay overtime wages which is double the per day wage.
So for Exp 1: the pay will be 11520
Exp 2 & 3: the pay will be 12000 in case of Company staff
Exp 2: in case of workers the pay will be 14880
So the per day wages will be calculated as per the number of working days of that particular month.
or else you can use the following formula irrespective of any month.
(Gross Salary*12)/309 days = per day wages
This is wat i am following.
From India, Coimbatore
Plz be clear that for staffs who are working on monthly basis, you cant consider their working on sundays. so u no need to pay for that. they are showing their own interest in completing their task. for that you can give compensatory off on some other days.
Bt in case of workers receiving per day wages & weekly basis you can pay for 26 days normal pay. i.e their per day wage will be 461.53. bt for sundays you ve to pay overtime wages which is double the per day wage.
So for Exp 1: the pay will be 11520
Exp 2 & 3: the pay will be 12000 in case of Company staff
Exp 2: in case of workers the pay will be 14880
So the per day wages will be calculated as per the number of working days of that particular month.
or else you can use the following formula irrespective of any month.
(Gross Salary*12)/309 days = per day wages
This is wat i am following.
From India, Coimbatore
Dear Concern,
As per Indian Law if any of the candidate is joining mid of month then the salary would calculate on the basis of days not month.
i.e. if you join on 15 & month is of 31 days then your salary would be cal. 16 days
2. If you join on 1st then you salary would be cal on month wise i.e. 30 days.
Thanks & Regards,
Rajesh negi
From India, Delhi
As per Indian Law if any of the candidate is joining mid of month then the salary would calculate on the basis of days not month.
i.e. if you join on 15 & month is of 31 days then your salary would be cal. 16 days
2. If you join on 1st then you salary would be cal on month wise i.e. 30 days.
Thanks & Regards,
Rajesh negi
From India, Delhi
Are the member replying to the thread have earlier processed the salaries or not. Without knowing please don't post anything by assumptions since many of the members are new and learning a lot here.
From India, Mumbai
From India, Mumbai
Hi shenbagarajan, Different members gives different opinions on salary calculation and I got confused which is correct. Please kindly clarify me. thanks, Dhana
From India, Chennai
From India, Chennai
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