Employee salary calculations

Hi,

I have a question..

If any permanent employee working for XKG Pvt. ltd company, and his gross salary is 25,000/-.

So kindly guide me regarding my below mentioned queries.

1) How to calculate his net salary for 22 days (If considered as LWP for 8 days)..??

2) What is Pro-rata basis salary..?? and how to calculate for the same.

Regards,

Sushant

 

Replies (2)

Say Salary 25,000 for 30/31 days depending upon the month

If 30 days month & 8 LOP = 25000/30 x 8  

if 31 days month & 8 LOP  = 25000/31 x 8 

But everything depends upon Management policy on Salary since some company calculate on 26/27days excluding sundays or for the whole month as the case may be subject to leveave eligibility of the employee

Thanking you very much Narasimhan ji....

Sushant Chakre

 

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