Hello, I need a help in holiday payment. Whether employee work on holiday, and we want to pay in double wage, then how we can put that extra payment in salary slab.
From India, undefined
From India, undefined
Dear Gitesh,
You can show it as a Festival Holiday Payment in the salary slip. If you are using any software for salary processing then they do have this option thus please check with them. Also, if you are not using any software and using excel format then you can add one more tab / type in salary structure only for the month and pay holiday payment.
377You can show it as a Festival Holiday Payment in the salary slip. If you are using any software for salary processing then they do have this option thus please check with them. Also, if you are not using any software and using excel format then you can add one more tab / type in salary structure only for the month and pay holiday payment.
Dear Gitesh,
You can add the amount in the salary slip aginst working on Festival Holiday. In case you do not have any scope of making Payment in the salary slip, then allow the workmen a leave in lieu of his working on Festival Holiday. You need to act as per the rules of the National & festival holidays Act of the state.
From India, Mumbai
You can add the amount in the salary slip aginst working on Festival Holiday. In case you do not have any scope of making Payment in the salary slip, then allow the workmen a leave in lieu of his working on Festival Holiday. You need to act as per the rules of the National & festival holidays Act of the state.
From India, Mumbai
As per Sec 5 (b) of the TN Indl Estts (N & FH) Act 1958 - ' where an employee works on any holiday allowed under Sec 3, he shall, at his option, be entitled to (i) twice the wages or (ii) wages for such day and to avail himself of a substituted holiday with wages on one of the three days immediately before or after the day on which he so works '. In other words, we need not pay holiday wages and double the wages, because question of paying double wages will arise only if the worker works for more than nine hours in any day or more than forty eight hours in that week under Sec 59 of the Factories Act 1948. Regards.
N Nataraajhan, Sakthi Management Services (Hp : + 91 94835 17402 ;
)
From India, Bangalore
N Nataraajhan, Sakthi Management Services (Hp : + 91 94835 17402 ;
From India, Bangalore
Dear Natarajan Sir,
Work performed on National & Festival Holidays are eligible for Over Time Payment(@ Double Rate)
The question of working more than nine hours in any day or more than forty eight hours in that week under Sec 59 of the Factories Act is not applicable on Paid Holidays.It applies for determining OT on other days
From India, New Delhi
Work performed on National & Festival Holidays are eligible for Over Time Payment(@ Double Rate)
The question of working more than nine hours in any day or more than forty eight hours in that week under Sec 59 of the Factories Act is not applicable on Paid Holidays.It applies for determining OT on other days
From India, New Delhi
Dear Mr Srinath
I have reproduced the exact words of the TN Act which says only twice the wages - one for the holiday and another for the worked day. Pl inform as to how and why work performed on the holiday should be treated as Over time. Regards.
N Nataraajhan, Sakthi Management Services (Hp : + 91 94835 17402 ; E-mail :)
From India, Bangalore
I have reproduced the exact words of the TN Act which says only twice the wages - one for the holiday and another for the worked day. Pl inform as to how and why work performed on the holiday should be treated as Over time. Regards.
N Nataraajhan, Sakthi Management Services (Hp : + 91 94835 17402 ; E-mail :
From India, Bangalore
Dear Mr Natarajan Sir, please peruse TN National & Festival Holidays Act & Rules:
under Sec 5 (2) (b) where an Employee works on any Holiday allowed under Section 3, he shall, at his option be entitled to "Twice the Wages" or Wages for such day & avail himself of a substituted Holiday with wages.
From India, New Delhi
under Sec 5 (2) (b) where an Employee works on any Holiday allowed under Section 3, he shall, at his option be entitled to "Twice the Wages" or Wages for such day & avail himself of a substituted Holiday with wages.
From India, New Delhi
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