1
Dear Thanks alot for u reply. 26 are days in 1 month in which Sunday in not included (why 26 in mentioned there) ? (I got that 8 is per day 8hours work) and gross salary is total salary? Thanx
From India, Rohtak
From India, Rohtak
Hi
If you refer the minimum wages gazzatte, a clause is given as " to arrive at a daily wage, the monthly wages shall be divided by 26".
Calculating per day wage is like . Gross/fixed salary/26 = one/per day wage
Calculating per hour wage is like . one/per day wage/ 8 (8 is the no of working hours in a day)
Gross salary is fixed or total salary.
Hope this will gives you a better understanding!!!!
If you refer the minimum wages gazzatte, a clause is given as " to arrive at a daily wage, the monthly wages shall be divided by 26".
Calculating per day wage is like . Gross/fixed salary/26 = one/per day wage
Calculating per hour wage is like . one/per day wage/ 8 (8 is the no of working hours in a day)
Gross salary is fixed or total salary.
Hope this will gives you a better understanding!!!!
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.
Salary-Note.doc
SALARY SHEET CALCULATION.xls