Hello,
I have an some question and want clarification on this issue..
1. How to calculate salary for the month of February.
I am working in Hospitality Organization as HR. But i did not understand how to calculate salary for the month of February.
Our company is follow the step as per. If the 31 days in a month we have calculate salary on 31. for example..
Salary =X
Working Days = Y
Month Days = 31 or 30
we follow the step : X/31*Y = Employee Monthly salary.
So please let me how to calculate salary for the month of February.
Note :-1. We are provide 1 paid leave to each employee in each month.
2. Also marked half day, if the employee are coming late.
3. If the Employee have working in February month and They have come late so we mark half day and one leave is adjusted. So how to calculate salary for this employee.
4. What is the procedure as per labour law and HR System.
Regards
Sunny
From India, Mumbai
I have an some question and want clarification on this issue..
1. How to calculate salary for the month of February.
I am working in Hospitality Organization as HR. But i did not understand how to calculate salary for the month of February.
Our company is follow the step as per. If the 31 days in a month we have calculate salary on 31. for example..
Salary =X
Working Days = Y
Month Days = 31 or 30
we follow the step : X/31*Y = Employee Monthly salary.
So please let me how to calculate salary for the month of February.
Note :-1. We are provide 1 paid leave to each employee in each month.
2. Also marked half day, if the employee are coming late.
3. If the Employee have working in February month and They have come late so we mark half day and one leave is adjusted. So how to calculate salary for this employee.
4. What is the procedure as per labour law and HR System.
Regards
Sunny
From India, Mumbai
Hi Sunny,
There is a common method for calculating employees salary on monthly bases i.e "Salary / Month days * No. of days employee working" month days may be 31 (ex: Jan,Mar,May....) ,30 (ex: Apr,Jun,Sep..) 28/29 (for the month of Feb) there is no perticular method for Feb month salary calculation.Just like above method you calculate Feb month salary (Taking month days as 28) .Remaing policy what you are implementing (late comming,PLs ) are same like every month.
From India, Hyderabad
6There is a common method for calculating employees salary on monthly bases i.e "Salary / Month days * No. of days employee working" month days may be 31 (ex: Jan,Mar,May....) ,30 (ex: Apr,Jun,Sep..) 28/29 (for the month of Feb) there is no perticular method for Feb month salary calculation.Just like above method you calculate Feb month salary (Taking month days as 28) .Remaing policy what you are implementing (late comming,PLs ) are same like every month.
From India, Hyderabad
Hello,
My Salary is 15000 and In February, I was present for 21 days So what Should be the salary of February Month. Please reply I will Waiting.
Thanks and Regards,
Dinesh Singh Rawat
+91-9417243308
From India
My Salary is 15000 and In February, I was present for 21 days So what Should be the salary of February Month. Please reply I will Waiting.
Thanks and Regards,
Dinesh Singh Rawat
+91-9417243308
From India
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SALARY SHEET CALCULATION.xls
Salary calculation.doc