Dear all,
I am working as generalist. whenever i go through attendance for crediting salary , i am getting confusion in salary period and attendance period. can i expect any one help me to clear my confusion with an example.
From India, Delhi
I am working as generalist. whenever i go through attendance for crediting salary , i am getting confusion in salary period and attendance period. can i expect any one help me to clear my confusion with an example.
From India, Delhi
Hi, Salary period should Calender Month (1-30) and attendance period may be depend upon the strength of the Organization 21-20 or 25-24.
From India, Hyderabad
From India, Hyderabad
Hello! the attendance period should be from 16th to 15th of every month. To credit the salary well in time i.e. by the end of month, 15 days salary is paid in advance by most of the corporates assuming the presence of 15 days in advance. If there is any absent between 16 & 30th for which the salary is paid in advance, the absent, if any, can be adjusted in next month salary.
In short, for salary, attendance from 16th to 15th is considered to pay salary for particular month. Advance salary paid for 15 days, can be adjusted in next month salary.
Regards,
U S Rauthan
From India, Mumbai
1In short, for salary, attendance from 16th to 15th is considered to pay salary for particular month. Advance salary paid for 15 days, can be adjusted in next month salary.
Regards,
U S Rauthan
From India, Mumbai
Perfect explanation by Mr. Rauthan!! Thank You! Even we do the same in our company and it takes me ages to explaint he concept to each new individual :)
From India, New Delhi
From India, New Delhi
Dear Mr. Diwakar
The month may be decided by your company from 21-20 or 26-25 or 1-30/31 whatever it may be. Keep the salary month and attendance month at par as equal which should not create any confusion in the minds of the employees.
After closure of the month the salary must be paid within 7 days in case of employee/worker strength below 1000 and within 10 days in case of strength of employees/workers is above 1000. If you regularly update the attendance system atleast weekly twice then you can effect the payment in second or third day itself without any problem.
Actually where you are facing the problem.
Never hesitate to have clarification with anyone.
With warm regards
S. Bhaskar
9099024667
From India, Kumbakonam
The month may be decided by your company from 21-20 or 26-25 or 1-30/31 whatever it may be. Keep the salary month and attendance month at par as equal which should not create any confusion in the minds of the employees.
After closure of the month the salary must be paid within 7 days in case of employee/worker strength below 1000 and within 10 days in case of strength of employees/workers is above 1000. If you regularly update the attendance system atleast weekly twice then you can effect the payment in second or third day itself without any problem.
Actually where you are facing the problem.
Never hesitate to have clarification with anyone.
With warm regards
S. Bhaskar
9099024667
From India, Kumbakonam
In today's era of digital technology (where the attendance is recorded digitally - bio-matrix or card swiping) and online banking, the Salary period and the attendance period is similar. Software does all the job with a click of mouse button.
Adjustments, if any, can be carried out in the following months.
However our laws provide ample time limit to keep the two same.
From India, Chandigarh
Adjustments, if any, can be carried out in the following months.
However our laws provide ample time limit to keep the two same.
From India, Chandigarh
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Attendance & Salary Sheet.xls
Salary-Note.doc