Res. Seniors, I am New in HR Field. Recently Join in Industry. I got a job calculating Arrears for the workers, as Management decided to give increments in Sept. 2009, I have to calculate arrears from April 2009 till August 2009. Please help me and provide me with any format or Formula to calculate Arrears.
From India, Pune
From India, Pune
Arrears would be calculated as the difference between the existing per month salary and the proposed per month salary multiplied by the number of months for which arrear is to be paid.
If different components of the salary structure have been revised separately, calculation would be done separately for each component.
Hope this would help you.
Thanks & Regards,
Avika Kapoor
Kapgrow Corporate Advsiory Services Pvt. Ltd.
E-173, Kalkaji, New Delhi - 110019
09310270884
From India, New Delhi
If different components of the salary structure have been revised separately, calculation would be done separately for each component.
Hope this would help you.
Thanks & Regards,
Avika Kapoor
Kapgrow Corporate Advsiory Services Pvt. Ltd.
E-173, Kalkaji, New Delhi - 110019
09310270884
From India, New Delhi
Dear Mr. Avika Kapoor
I am working as HR Assistant, I want to know the details for the following
Our company is decided to give 8% increment on gross salary with effect from OCT-2009 to MAR-2010.
We revised the Salary accordingly from Feb-2010.
We have to calculate for arrears for 4 months. pleas let me know whether I have to consider the LOP while calculating the arrears for 4 months.
Awaiting for your Reply
regards
Ragunathan
0994434273
From India, Madras
I am working as HR Assistant, I want to know the details for the following
Our company is decided to give 8% increment on gross salary with effect from OCT-2009 to MAR-2010.
We revised the Salary accordingly from Feb-2010.
We have to calculate for arrears for 4 months. pleas let me know whether I have to consider the LOP while calculating the arrears for 4 months.
Awaiting for your Reply
regards
Ragunathan
0994434273
From India, Madras
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From India, Delhi
From India, Delhi
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