hello, can anyone guide me regarding overtime calculation of employees of company & the format for overtime calculation.
From India, Noida
From India, Noida
Hii, Overtime Calculation is see following details. (Basic+DA)*2/8 = Per Hours amt Per hour amount X Total Hour Thanx.
From India, Jhunjhunun
1From India, Jhunjhunun
As pet the wages act Overtime in the company should not be exceeded more than 55 hours in a month and 115 hours on every quarter. Overtime calculations are included basic+dearness allowance/ days in month/8 hour =per hour rate then multiply overtime hours you work.
I think this will help you to understand
From India, Mumbai
I think this will help you to understand
From India, Mumbai
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Overtime calculation- weekly hours of work.PDF
SALARY SHEET CALCULATION.xls