Dear ALL, Can you all please send me the law paper for stating the overtime calculation as per the factories act.
As per my information it is BASIC + DA but i as not able to trace the law paper.
From India, Maisuru
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2As per my information it is BASIC + DA but i as not able to trace the law paper.
From India, Maisuru
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Dear Leaders,
As per my knowledge,
1hr OT= [(Basic+DA/Special Allowance) ]*2
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26
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08
This is my company role.
From India, Bellary
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As per my knowledge,
1hr OT= [(Basic+DA/Special Allowance) ]*2
----------------------------
26
----------------------------
08
This is my company role.
From India, Bellary
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Dear Leaders, The OT Calculation asper Factories Act is, PF Loading(Basic+DA)/(30*8)*2*Number of OT hours. Regards, Nagarathna B.V Assistant Manager - HR
From India, Bangalore
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From India, Bangalore
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As per Factories Act 1948 if a worker employed more than 9 hrs per day or 48 hrs per week (whichever is beneficial to worker), he is entitled to get double wages for over and above the said hours. If he has worked extra hours but within the above limit (9 hrs/day or 48 hrs/week as the case may be), only single wages is entitled. But in any case he will get double for beyond the above hrs.
Abbas.P.S
From India, Bangalore
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Abbas.P.S
From India, Bangalore
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Dear All,
1. OT is always Double irrespective of no. of extra hrs put in
2. Per OT hrs amount is = {Gross/(no.of working days in a month)/8}*2
eg. if gross salary of person is 3300/-
then in the month of jan Per HRs OT would be = (3300/25/8)* 2 = Rs. 33.00
and in month of feb would be = (3300/24/8) * 2 = Rs. 34.38
& So on
For more clarity ref : Payment of wages Act along with Factory Act.
Regards
Manish Gupta
Admin & HR Mgr
Gini & Jony Ltd
From India, Mumbai
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1. OT is always Double irrespective of no. of extra hrs put in
2. Per OT hrs amount is = {Gross/(no.of working days in a month)/8}*2
eg. if gross salary of person is 3300/-
then in the month of jan Per HRs OT would be = (3300/25/8)* 2 = Rs. 33.00
and in month of feb would be = (3300/24/8) * 2 = Rs. 34.38
& So on
For more clarity ref : Payment of wages Act along with Factory Act.
Regards
Manish Gupta
Admin & HR Mgr
Gini & Jony Ltd
From India, Mumbai
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my question is if he had worked for 22 days then hoe to calculate the ot amount still it should be divided by the no of working days in a month.
From India, Mumbai
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From India, Mumbai
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OT is to be calculated in hours. You can easily calculate for a day. The law says the OT has to be "twice the ordinary wage". So if you want to calculate for days, the same is applicable. Anyways, that particular employee has to be paid double irrespective of hours/days.
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If a worker's 1st shift is from 7:00 A.M to 3:30 P.M, including a half-hour (0.30) lunch break, and thereafter they work until 7:00 P.M, then their overtime (O.T) should be 3.50 hours x 2.
For workers on the 2nd shift (3:00 P.M to 11:00 P.M, an 8-hour shift including dinner) who work from 7:00 P.M to 7:00 A.M for a 12-hour shift, what should be their overtime - 3.50 hours or 4 hours?
Also, if the production target for normal duty is 10,000 pieces, should it be increased to 15,000 or less for a 12-hour shift?
Please assist with the above matter.
From India, New Delhi
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For workers on the 2nd shift (3:00 P.M to 11:00 P.M, an 8-hour shift including dinner) who work from 7:00 P.M to 7:00 A.M for a 12-hour shift, what should be their overtime - 3.50 hours or 4 hours?
Also, if the production target for normal duty is 10,000 pieces, should it be increased to 15,000 or less for a 12-hour shift?
Please assist with the above matter.
From India, New Delhi
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Overtime calculation- weekly hours of work.PDF
SALARY SHEET CALCULATION.xls