Generally.what.is.the.criteria.of.giving/calculating.the.overtime.in.a.shoe.manufacturing.unit
From India, Delhi
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1From India, Delhi
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Dear Mr.Nasir I presume that the shoe manufacturing unit is a factory as defined in the Factories Act. Then the provisions relating to overtime contained in the Factories Act will apply.
From India, Madras
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From India, Madras
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Thank you, Mr. Harikrishnan,
Yes, it is covered under the Factories Act. Please clarify:
Suppose Mr. A has a monthly salary of 9000. So, do we calculate his wages per hour as (9000/30 days = 300/day)? Again, 300/8 hours = Rs 37.50. This Rs 37.50 will be the one-hour overtime of Mr. A, or do we give him something in excess of this calculated amount.
Regards,
Nasir
From India, Delhi
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Yes, it is covered under the Factories Act. Please clarify:
Suppose Mr. A has a monthly salary of 9000. So, do we calculate his wages per hour as (9000/30 days = 300/day)? Again, 300/8 hours = Rs 37.50. This Rs 37.50 will be the one-hour overtime of Mr. A, or do we give him something in excess of this calculated amount.
Regards,
Nasir
From India, Delhi
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Subject: Re: Overtime
Dear Harikrishan,
I would like to inquire about the definition of wages or salary to be used when calculating overtime. Specifically, should it be based on gross emoluments such as basic pay, DA, HRA, special allowance, etc.? It is clear that overtime payment is typically double the wages.
Thank you,
D.K. Parashar
From India, Amritsar
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Dear Harikrishan,
I would like to inquire about the definition of wages or salary to be used when calculating overtime. Specifically, should it be based on gross emoluments such as basic pay, DA, HRA, special allowance, etc.? It is clear that overtime payment is typically double the wages.
Thank you,
D.K. Parashar
From India, Amritsar
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Dear Mr. Nasir,
In your calculation, you take 30 days per month. However, based on my knowledge, it should be 26 days per month. "Weekly off" will not be included in this calculation, and the overtime rate will be twice the general hourly rate. Therefore, if I am not mistaken, the actual calculation will be:
OT will be: 9000/(26*8) = 43.00 x 2 = Rs. 86/hr.
From India, Calcutta
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In your calculation, you take 30 days per month. However, based on my knowledge, it should be 26 days per month. "Weekly off" will not be included in this calculation, and the overtime rate will be twice the general hourly rate. Therefore, if I am not mistaken, the actual calculation will be:
OT will be: 9000/(26*8) = 43.00 x 2 = Rs. 86/hr.
From India, Calcutta
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Thanx......Mr.Sarkar...For.ur.valuable.reply/answer.to.my.querry. Also.can.u.give.me.some.details.regarding.the.standards.used.for.performance.Appraisals.of.the.employees Regards Nasir
From India, Delhi
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From India, Delhi
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dear prasar overtime calculation depends upon company policy. some organization give it on basic but some gives in gross(basic+hra+conv. etc).
From India, Delhi
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From India, Delhi
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Dear Mr. Mukesh,
Overtime is a legal right and cannot be based on the company's policy. It depends on the section/clause relating to the rate of overtime wages contained in the law applicable to the establishment concerned. When you make a posting on the website, please ensure that what you say is correct.
With regards,
From India, Madras
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Overtime is a legal right and cannot be based on the company's policy. It depends on the section/clause relating to the rate of overtime wages contained in the law applicable to the establishment concerned. When you make a posting on the website, please ensure that what you say is correct.
With regards,
From India, Madras
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Dear Friends,
Subject: Incentive
Please give me suggestions on how to provide incentives for employees when there are no specific production targets, as our manufacturing process is entirely dependent on customer orders. We specialize in manufacturing cutting tools for the granite industry.
Regards,
Anand
From India, Bangalore
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Subject: Incentive
Please give me suggestions on how to provide incentives for employees when there are no specific production targets, as our manufacturing process is entirely dependent on customer orders. We specialize in manufacturing cutting tools for the granite industry.
Regards,
Anand
From India, Bangalore
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Amended Labor Laws.doc
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