Pages

Sunday, April 22, 2012

e-Calculator enables you to calculate salary payment

The e-Calculator enables you to calculate salary payment, overtime payment, salary in lieu of notice etc in accordance
with the formulas stipulated in the Employment Act.

For example:

- Basic rate of pay is used when we calculate pay for
(a) work on a rest day
(b) work on a public holiday;

- Gross rate of pay is used when we calculate :
(a) salary in lieu of notice of termination of service,
(b) salary deduction for unauthorised absence from work, and
(c) paid public holidays; and
(d) approved paid leave including annual leave, hospitalisation leave and maternity leave.

-Salary for incomplete month’s work is used when a monthly-rated employee has not completed a whole month of service.

Some of the commonly used formulas may be found at our website on Calculation of Salary

Available eCalculator

No comments:

Post a Comment