i WOULD LIKE TO KNOW HOW TO CALCULATE OVERTIME FOR AN IT BASED COMPANY INCASE IF PROGRAMMERS ARE WORKING EXTRA HOURS? AND IS THERE ANY REQUISITION FORM TO BE RECEIVED FROM THE PROJECT MANAGERS IF THEIR TEAM IS WORKING ON EXTRA HOURS?
IN CASE CAN I GET THE FORMULA FOR OVERTIME WITH ABBREVIATIONS AND A SAMPLE REQUISITION FORM FOR OVERTIME
THANKS IN ADVANCE
From United Arab Emirates, Dubai
IN CASE CAN I GET THE FORMULA FOR OVERTIME WITH ABBREVIATIONS AND A SAMPLE REQUISITION FORM FOR OVERTIME
THANKS IN ADVANCE
From United Arab Emirates, Dubai
53
Please find the calculation -
((Basic+DA) * ( No of OT hours worked) * 2
----------------------------------------------------
(No of working days(in that perticular month) * 8
Regds.
Roopesh
TEI , Noida
From India, Gurgaon
((Basic+DA) * ( No of OT hours worked) * 2
----------------------------------------------------
(No of working days(in that perticular month) * 8
Regds.
Roopesh
TEI , Noida
From India, Gurgaon
Dear All,
In "CITI HR" different answers for One question.just how can i conform which one is correct answer for the question.
For example some of them said OT calculation on Basic+DA,..Some of then said on Total gross salary. Which one is correct ?
WHY IT HAPPENS ? WHY THEY DON'T GIVE EXACT ANSWER FOR THE QUESTION.
Is the site for time pass or gathering of knowledge ?
From India, Hyderabad
In "CITI HR" different answers for One question.just how can i conform which one is correct answer for the question.
For example some of them said OT calculation on Basic+DA,..Some of then said on Total gross salary. Which one is correct ?
WHY IT HAPPENS ? WHY THEY DON'T GIVE EXACT ANSWER FOR THE QUESTION.
Is the site for time pass or gathering of knowledge ?
From India, Hyderabad
Hi
OT Calculation in a simple way
1. Basic + DA per Month / 26 days to arrive at 1 day salary or wage.
2. per day salary / 8 Hrs to arrive at per 1 Hr. wage or salary
3. No of OT Hrs X per Hr wage or salary X No. of OT Hrs X 2 ( double wage)
Mohan Rao
Manager HR
From India, Visakhapatnam
OT Calculation in a simple way
1. Basic + DA per Month / 26 days to arrive at 1 day salary or wage.
2. per day salary / 8 Hrs to arrive at per 1 Hr. wage or salary
3. No of OT Hrs X per Hr wage or salary X No. of OT Hrs X 2 ( double wage)
Mohan Rao
Manager HR
From India, Visakhapatnam
SO NICELY EXPLAINED
Krmrao 21 Click on follow to get recommendations from krmrao + @ ☰ #6
Hi
OT Calculation in a simple way
1. Basic + DA per Month / 26 days to arrive at 1 day salary or wage.
2. per day salary / 8 Hrs to arrive at per 1 Hr. wage or salary
3. No of OT Hrs X per Hr wage or salary X No. of OT Hrs X 2 ( double wage)
Mohan Rao
Manager HR
From India, Udaipur
Krmrao 21 Click on follow to get recommendations from krmrao + @ ☰ #6
Hi
OT Calculation in a simple way
1. Basic + DA per Month / 26 days to arrive at 1 day salary or wage.
2. per day salary / 8 Hrs to arrive at per 1 Hr. wage or salary
3. No of OT Hrs X per Hr wage or salary X No. of OT Hrs X 2 ( double wage)
Mohan Rao
Manager HR
From India, Udaipur
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