How To Calculate One Day Salary For 31days Month And 28 Days Month

trulydez
I've gone through the thread discussion, but I've not been able to resolve my issue. I have a staff member who joined on the 5th of February. When counting working days, do I count 28 minus 4 days, or do I count the number of days present, i.e., 6 days a week, which equals 21 days?
Pihu Ch
To calculate 70% of an employee's daily salary, you can use the following formula:

Daily Salary * 0.7 = 70% of Daily Salary

For example, if an employee's daily salary is $100, you would calculate it as follows:

$100 * 0.7 = $70

Therefore, 70% of the employee's daily salary would be $70.
MANOJKUNTAL
Dear All,

If Gross Salary - 13600/- per month.
Earning Gross In a month - 4533/-
How to Calculate Day - ?
touchrandr
Hello there,

In our company, we calculate salary based on the number of days in a month - 28, 30, or 31, depending on the specific month.

Let's say an employee's salary is 30,000 per month, and the salary month is June (30 days), with the employee working without taking any leave for that month (excluding Sundays and public holidays).

The final salary calculation would be: (30000/30) * No. of working days.

For instance, in June, there are 5 Sundays and 1 public holiday. The question arises: Should we include Sundays and other public holidays in the "No. of working days," or exclude them from the total number of days (30 days)?

So, is the No. of working days equal to 30, or should it be 24?

Final salary calculation options:
- (30000/30) * 30
- (30000/30) * 24

Could you please clarify this matter?

Thanks in advance :)
sivakumarnair
Why is there confusion here? Please follow standard practice.

Fixed gross salary:

For 31 Jan, Mar, May, July, Aug, Oct, Dec Months (100000 x 31 = 3225.806452) * Number of Payable days.

For April, June, Sep, Nov (100000 x 30 = 3333.333) * Number of Payable days.

For Feb (100000 x 29 = 3448.275862) * Number of Payable days (100000 x 28 = 3571.428571) * Number of Payable days.

Now, the per day amount is calculated, and it should be multiplied by the number of payable days.

Thanks
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