Employees salary period 26th to 25th monthly which month salary we will treat. For example if I make salary period from 26th June to 25th july now which month salary we will count. pl. sugget me.
Arup Roy
From India, Jaipur
Arup Roy
From India, Jaipur
Dear Arup Roy,
In my opinion this type of wage period can not be stated to be correct in the eyes of labour laws. Wage period is to be considered as calendar month & accordingly payment is to be made up to 7th or 10th of the coming month as the case may be. I do not think this type of accounting month is there in any law.
Regards,
R.N.Khola
Skylark Associates, Gurgaon(Haryana)
(Labour Law & Legal Consultants)
09810405361
From India, Delhi
363In my opinion this type of wage period can not be stated to be correct in the eyes of labour laws. Wage period is to be considered as calendar month & accordingly payment is to be made up to 7th or 10th of the coming month as the case may be. I do not think this type of accounting month is there in any law.
Regards,
R.N.Khola
Skylark Associates, Gurgaon(Haryana)
(Labour Law & Legal Consultants)
09810405361
From India, Delhi
Dear Arup,
It is a fairly common practice to treat attendance period from 26th of the previous month to 25th of the current month to facilitate timely preparation and disbursement of salaries.
If the days are calculated from 26h June to 25th July, the payroll that would be processed will be for the month of July.
Best Wishes,
vasant nair
From India, Mumbai
It is a fairly common practice to treat attendance period from 26th of the previous month to 25th of the current month to facilitate timely preparation and disbursement of salaries.
If the days are calculated from 26h June to 25th July, the payroll that would be processed will be for the month of July.
Best Wishes,
vasant nair
From India, Mumbai
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SALARY SHEET CALCULATION.xls
Salary calculation.doc