Dear ALL, Can you all please send me the law paper for stating the overtime calculation as per the factories act.
As per my information it is BASIC + DA but i as not able to trace the law paper.
From India, Maisuru
2As per my information it is BASIC + DA but i as not able to trace the law paper.
From India, Maisuru
Dear Leaders,
As per my knowledge,
1hr OT= [(Basic+DA/Special Allowance) ]*2
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26
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08
This is my company role.
From India, Bellary
As per my knowledge,
1hr OT= [(Basic+DA/Special Allowance) ]*2
----------------------------
26
----------------------------
08
This is my company role.
From India, Bellary
Dear Leaders, The OT Calculation asper Factories Act is, PF Loading(Basic+DA)/(30*8)*2*Number of OT hours. Regards, Nagarathna B.V Assistant Manager - HR
From India, Bangalore
From India, Bangalore
As per Factories Act 1948 if a worker employed more than 9 hrs per day or 48 hrs per week (whichever is beneficial to worker), he is entitled to get double wages for over and above the said hours. If he has worked extra hours but within the above limit (9 hrs/day or 48 hrs/week as the case may be), only single wages is entitled. But in any case he will get double for beyond the above hrs.
Abbas.P.S
From India, Bangalore
Abbas.P.S
From India, Bangalore
Dear All,
1. OT is always Double irrespective of no. of extra hrs put in
2. Per OT hrs amount is = {Gross/(no.of working days in a month)/8}*2
eg. if gross salary of person is 3300/-
then in the month of jan Per HRs OT would be = (3300/25/8)* 2 = Rs. 33.00
and in month of feb would be = (3300/24/8) * 2 = Rs. 34.38
& So on
For more clarity ref : Payment of wages Act along with Factory Act.
Regards
Manish Gupta
Admin & HR Mgr
Gini & Jony Ltd
From India, Mumbai
1. OT is always Double irrespective of no. of extra hrs put in
2. Per OT hrs amount is = {Gross/(no.of working days in a month)/8}*2
eg. if gross salary of person is 3300/-
then in the month of jan Per HRs OT would be = (3300/25/8)* 2 = Rs. 33.00
and in month of feb would be = (3300/24/8) * 2 = Rs. 34.38
& So on
For more clarity ref : Payment of wages Act along with Factory Act.
Regards
Manish Gupta
Admin & HR Mgr
Gini & Jony Ltd
From India, Mumbai
my question is if he had worked for 22 days then hoe to calculate the ot amount still it should be divided by the no of working days in a month.
From India, Mumbai
From India, Mumbai
if workers 1st shift is 7.00 A.M to 15.30 A.M including half hour(0.30) lunch and thereafter he works upto 19.00 P.M than his O.T should be 3.50 hours x 2 times and if workers from 2nd shift (15.00 to 23.00 P.M 8 hours shift including dinner) work from 19.00 P.M to 07.00 A.M 12 hours, than what should be his o.t 3.50 hours or 4 hours and also if production target for normal duty is 10000 pieces and than for 12 hours duty it should be 15000 or less.
please help in the above matter.
From India, New Delhi
please help in the above matter.
From India, New Delhi
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Overtime calculation- weekly hours of work.PDF
SALARY SHEET CALCULATION.xls