Hi Seniors,
plz guide me... if the employee
worked 6 days in week then the employee is entitled to get one paid weekly off or not as per factory act.
actually the issue is subjected to
calculation of salary... for instance employee salary is 6000 PM, to calculate the salary what formula shall be used weather 6000/26 or 6000/30,
Thanx & Regard
From India, Agra
plz guide me... if the employee
worked 6 days in week then the employee is entitled to get one paid weekly off or not as per factory act.
actually the issue is subjected to
calculation of salary... for instance employee salary is 6000 PM, to calculate the salary what formula shall be used weather 6000/26 or 6000/30,
Thanx & Regard
From India, Agra
Mostly there is two type of salary calculating formats.
First is monthly
and second is on 26 days.
Calculation in monthly case
(total present+holiday)/30
but in 26 days format calculation is
total present/26.
From India, Mumbai
First is monthly
and second is on 26 days.
Calculation in monthly case
(total present+holiday)/30
but in 26 days format calculation is
total present/26.
From India, Mumbai
as our company is registered under factory act. which one of the rule should be follow weather 30 days or 26 days
From India, Agra
From India, Agra
If particular employee is on roll then that should be on 30 days as per month wise. Onroll employees salary is considered 30 days
From India, Pune
From India, Pune
Employees are entitled for 1 day off after every day of work. Calculations are to be done on 26 days formula.
From India, Kochi
2From India, Kochi
Employees are entitled for 1 day off after every 6 days of work. Calculations are to be done on 26 days formula.
From India, Kochi
From India, Kochi
sir, you have mention that employee is entitled to get one day leave after working 6 day however if we use formula of 26 days then it won’t be the paid weekly off, your view pls..........
From India, Agra
From India, Agra
The Factories Act 1948 prescribes a day of rest after a worker is engaged for 6 days. It does not prescribe paid off unlike Shops & Establishment Act. Do not confuse and ask why it is 26 days You calculate for every month normally then at the end of the year you will find them in order as in February you will have lesser days
From India, Chennai
From India, Chennai
sir,
yes i confused about weather to calculate by 26 or 30 days'
however in this forum some of the seniors has replied differently in this regard.. pls explain me with the rule that should i calculate salary for 26 days or 30 days if for 26 days why anyone pls explain the same,
From India, Agra
yes i confused about weather to calculate by 26 or 30 days'
however in this forum some of the seniors has replied differently in this regard.. pls explain me with the rule that should i calculate salary for 26 days or 30 days if for 26 days why anyone pls explain the same,
From India, Agra
Factories Act does not say that there should be a "paid weekly off" to workers and for that matter, no law is saying so.
While making wage or salary calculation, many years time ago, there used to a system of dividing salary/wage by the calender days of month. In this method, every month salary rate used to change. In February per day rate was highest. Then, soon people learnt a flaw in the system. They started taking offs in January (lowest rate) and asking for compensatory off in February. (highest rate)
Therefore, that method was discontinued and 30 days of calender was utilised. After some time, Gratuity act was amended and for calculating per day rate, denominater 26 was prescribed, whatever may be your denominator.
Now, what is advisable is division by 26 to Salary/ Wage multiplied by the days present or payable and ignoring all weekly offs of any month. Rate remains uniformal throught...
So dividing by 26 is the best method of calculation of salary..
From India, Kolhapur
While making wage or salary calculation, many years time ago, there used to a system of dividing salary/wage by the calender days of month. In this method, every month salary rate used to change. In February per day rate was highest. Then, soon people learnt a flaw in the system. They started taking offs in January (lowest rate) and asking for compensatory off in February. (highest rate)
Therefore, that method was discontinued and 30 days of calender was utilised. After some time, Gratuity act was amended and for calculating per day rate, denominater 26 was prescribed, whatever may be your denominator.
Now, what is advisable is division by 26 to Salary/ Wage multiplied by the days present or payable and ignoring all weekly offs of any month. Rate remains uniformal throught...
So dividing by 26 is the best method of calculation of salary..
From India, Kolhapur
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.
Paid Leave Record_Master.x ls
No issue cap for Maternity Leave-Madras High Court.pdf