: Dear sir, pls any one advise me,our factory has maintained the muster roll for monthly workers.we have to pay for all the worker to monthly basis.what is my doubt is the worker work for the month of feb-14 only around 24 days working day,we have to pay for the full monthly salary .if anyone worker Absent for that working day,we have to reduce the LOP only.The workers works in 27 days working day month ,we have to pay full salary of the month.if any LOP days we have to the reduce the salary.This is the way we are following the muster roll.This is correct or not, example feb -14 -5000/- -24 days working day and 25 days working day month like (june-13) in oneday absent 23 & 24 days working (june-13) pay only-4808/- Dec -13 -5000/- -27 days working if oneday absent 26 days working pay only-4808/- note: All sunday Holiday loss of pay only divided by 26 for the gross salary. regs kos
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From India, Guwahati
attribution https://www.citehr.com/member.php?u=...#ixzz2wTtRXO8k
From India, Guwahati
I could not understand your query, please elaborate, as far as I understood from your query, you have to pay the salary for the full month even the working day is 24 instead of 26. If an employee is absent for a day or two, the same has to be adjusted against their leaves or LOP.
From India, Ahmadabad
From India, Ahmadabad
Dear Saji,
Thanks for your valuable reply.I joining in a new textile manufacture company. They have to follow for the Below mentioned pay calculation.
Pls clarify my below mentioned payroll doubts.
Our factory staff Salary structure - basic-5000 , da- 2500, hra - 2500 - gross salry-10000 and worker salary like per month = 3718.
If Working day should be a 27 days(Dec Month) -Rs.10000. If any Lop for 1 days .deduction amt - 10000/26*1-10000 =384.61=9615.39
If If Working day should be a 25 days(june month) -Rs.10000. If any Lop for 1 days .deduction amt - 10000/26*1-10000 =384.61=9615.39
If Working day should be a 24 days(Feb month) -Rs.10000. If any Lop for 1 days .deduction amt - 10000/26*1-
10000 =384.61=9615.39
Worker Wages:
If Working day should be a 27 days(Dec Month) -Rs.3718. If any Lop for 1 days .deduction amt - 3718/26*1-3718 =143=3575
If If Working day should be a 25 days(june month) -Rs.3718. If any Lop for 1 days .deduction amt - 3718/26*1-3718 =143=3575
If Working day should be a 24 days(Feb month) -Rs.3718. If any Lop for 1 days .deduction amt - 13718/26*1-3718 =143=3575
All the calulation should be divided by 26 days.
If the salary is calculated for the lop method it is met out the minimumwages for the worker even the working 27 days.
what is my doubt is if the working day should be a 27 days in a month we have to issue the salary for one day extra.
EX: 10000/26=27 * 10000/26=10384.61
Is this above mentioned format is correct or not.pls advise that.
From India, Guwahati
Thanks for your valuable reply.I joining in a new textile manufacture company. They have to follow for the Below mentioned pay calculation.
Pls clarify my below mentioned payroll doubts.
Our factory staff Salary structure - basic-5000 , da- 2500, hra - 2500 - gross salry-10000 and worker salary like per month = 3718.
If Working day should be a 27 days(Dec Month) -Rs.10000. If any Lop for 1 days .deduction amt - 10000/26*1-10000 =384.61=9615.39
If If Working day should be a 25 days(june month) -Rs.10000. If any Lop for 1 days .deduction amt - 10000/26*1-10000 =384.61=9615.39
If Working day should be a 24 days(Feb month) -Rs.10000. If any Lop for 1 days .deduction amt - 10000/26*1-
10000 =384.61=9615.39
Worker Wages:
If Working day should be a 27 days(Dec Month) -Rs.3718. If any Lop for 1 days .deduction amt - 3718/26*1-3718 =143=3575
If If Working day should be a 25 days(june month) -Rs.3718. If any Lop for 1 days .deduction amt - 3718/26*1-3718 =143=3575
If Working day should be a 24 days(Feb month) -Rs.3718. If any Lop for 1 days .deduction amt - 13718/26*1-3718 =143=3575
All the calulation should be divided by 26 days.
If the salary is calculated for the lop method it is met out the minimumwages for the worker even the working 27 days.
what is my doubt is if the working day should be a 27 days in a month we have to issue the salary for one day extra.
EX: 10000/26=27 * 10000/26=10384.61
Is this above mentioned format is correct or not.pls advise that.
From India, Guwahati
If you are asking for 1 day extra for 27 days working in a month then the employer would also think for deducting 1day considering working for 25 days and 24 days in a month, which will pinch each and every employee.
From India, Ahmadabad
From India, Ahmadabad
Dear saji, Yes ,That’s right.The employer has deducted one day for 27 days working in a month each and every employee. Is it correct pay method for that company. Kindly Reply. Regs kos
From India, Guwahati
From India, Guwahati
My Dear friend the company has also paid you all 2 days extra when the working day was 24 and 1 day extra when the working days were 25. So how come we say that the company is not correct or not perfect.
From India, Ahmadabad
From India, Ahmadabad
The Factories' Act is very clear on this subject. You have to give one day off after every 6 working days. What you have to do is to pay the workers on the basis of the number of working days in the month, say, Feb 14 had 28 days out of which 4 were Sundays (assuming that your factory is closed on Sundays). Therefore, your calculation would be:
For Feb 14
Rs.5000 (Basic + DA + HRA + Other Allowances) /24 (no. of working days in the month) x No. of days present Less deductions for PF, ESI, etc.
For Mar 14
Rs.5000 /25 + 1 (Paid Holiday for Holi) = 26 x No. of days Present Less deductions...
From India, Mumbai
For Feb 14
Rs.5000 (Basic + DA + HRA + Other Allowances) /24 (no. of working days in the month) x No. of days present Less deductions for PF, ESI, etc.
For Mar 14
Rs.5000 /25 + 1 (Paid Holiday for Holi) = 26 x No. of days Present Less deductions...
From India, Mumbai
Dear Saji,
Yes, I agree with that the management has to paid for extra 1 & 2 days wages for even 25 & 24 Working Days .What i mean was ,If 27 days working day in a year - 5 month , 25 days working day in a year - 2 month ,24 days working day in a year - 1 month , 26 days working day in a year - 4 month.
27 Days - 5 month. so, 5 working days extra for a whole year . Auditor has disscussed with this point of view, If the worker has working in a year, they was worked for 5 extra days . but , the management has to paid for 4 extra days salary only like this month 24 & 25 days in month.What about that 1 Day Salary?.
What i was feel that , if the worker working in a 27 days ,we should pay for the extra one day salary ?.pls give the solution.
Regs
kos
From India, Guwahati
Yes, I agree with that the management has to paid for extra 1 & 2 days wages for even 25 & 24 Working Days .What i mean was ,If 27 days working day in a year - 5 month , 25 days working day in a year - 2 month ,24 days working day in a year - 1 month , 26 days working day in a year - 4 month.
27 Days - 5 month. so, 5 working days extra for a whole year . Auditor has disscussed with this point of view, If the worker has working in a year, they was worked for 5 extra days . but , the management has to paid for 4 extra days salary only like this month 24 & 25 days in month.What about that 1 Day Salary?.
What i was feel that , if the worker working in a 27 days ,we should pay for the extra one day salary ?.pls give the solution.
Regs
kos
From India, Guwahati
If the Auditor has made a remark, put that report in front of the management to decide, and if the management is in favor of the Auditors view, change it accordingly. Would only advice not to change any practice without the consent of the management.
It is the duty of the auditors to dig out points for their report, but not necessarily that whatever view is kept in front of the Management has to be followed/adhered.
From India, Ahmadabad
It is the duty of the auditors to dig out points for their report, but not necessarily that whatever view is kept in front of the Management has to be followed/adhered.
From India, Ahmadabad
[QUOTE=fc.vadodara@nidrahotels.com;2136301]If the Auditor has made a remark, put that report in front of the management to decide, and if the management is in favor of the Auditors view, change it accordingly. Would only advice not to change any practice without the consent of the management.
It is the duty of the auditors to dig out points for their report, but not necessarily that whatever view is kept in front of the Management has to be followed/adhered.[/QUOTE
Dear Saji,
Thanks for your immediate reply.
Regs
kos
From India, Guwahati
It is the duty of the auditors to dig out points for their report, but not necessarily that whatever view is kept in front of the Management has to be followed/adhered.[/QUOTE
Dear Saji,
Thanks for your immediate reply.
Regs
kos
From India, Guwahati
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