how is caluclation of over time (O.T)
Answers were Sorted based on User's Feedback
Answer / idaya melur ganesh
OT MEANS OVER TIME,
FOR EXAMPLE IF WE GET 20000 PER MONTH USUALLY,20000/26(4
DAYS HOLIDAYS PER MONTH)769.23 PER DAY, IN A DAY AS A INDIAN
RULE IS 8 HOUR ,SO 769.23/8=96.50 PER HOUR.SUPPOSE WE
WORKING 10 HOURS OT,WE GET 965 MORE FROM SALARY
Is This Answer Correct ? | 6 Yes | 0 No |
Answer / sk.n.rasool
OT means over time, we can pay the double if he works after
his duty hours.
FOR EXAMPLE IF WE GET 20000 PER MONTH USUALLY,20000/26(4
DAYS HOLIDAYS PER MONTH)769.23 PER DAY (ie is 8 hours) RULE
IS 8 HOUR ,SO 769.23/4= 192.30 PER HOUR. SUPPOSE WE
WORKING 10 HOURS OT, he gets 1,923/- extra.
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / abdul bari
OT is a reward for rendering services more than standard
hours in general.
Ot is calculated on basic salary, generally if an employee
work an hour he will get 1 hr 25 mins factor.
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / jk
over time is calculated on pro- rata basis
for eg. a persons is earning Rs. 10,000/- per months
per day earning will be Rs. 333/-
per hour earning will be Rs. 42/-
Is This Answer Correct ? | 1 Yes | 1 No |
what is difference between venture capital financing and equity financing?
Expand-------SCAN
In IGATE, 2 yrs bond for fresher and reverent experience 1 year bond. First z essay writing. “Unforgettable movement ur life” Tiz in ITPL IGATE stopping
How to calculate salary structure( PF, ESI, Gratuity, CCA, HRA, etc)
EXPAND_________SFI
what is MIGO and MIRO ?
what are the basic 3 rules of accounting
What is Cash Management System? What is advantages of using CMS Facility?
Bank give some interest on deposit less tds what is the general entry for this?
what is the meaning of bills payable and bills receivables?
23 Answers Genpact, Mona Lisa, PP, Scope International, TATA,
fill in the Blanks a part or full HRA will be exempted if _________made for his residence
Give me total Details of payroll calculation, payslip with examples.