Overtime - Manufacturing Units

nasir.jamal@rediffmail.com
Generally.what.is.the.criteria.of.giving/calculating.the.overtime.in.a.shoe.manufacturing.u nit
v.harikrishnan
Dear Mr.Nasir
I presume that the shoe manufacturing unit is a factory as defined in the Factories Act. Then the provisions relating to overtime contained in the Factories Act will apply.
nasir.jamal@rediffmail.com
Thanx,Mr.Harikrishnan,
Yes,it.is.covered.under.the.factories.Act.
Plz.clear:
Suppose.Mr.A.has.a.monthly.salary.of.9000.So.do.v. calculate.his.wages.per.hour.as(9000/30days=300/day)Again300/8hours=Rs37.50.This.Rs37.50.will.b.the.one.hour.ov ertime.of.Mr.A.or.v.give.him.something.in.excess.o f.this.calculated.amount.
Regards
Nasir
parashar.dk@gmail.com
Re: Overtime
i want to ask resp. Harikrishan that while calculating overtime what will be the definition of wages or salary. I mean to say will it be calculated on gross emoluments like basic+da+hra+special allowance etc.this is very much clear that overtime amount paid in double the wages.
D.k parashar
s_sarkar
Dear Mr. Nasir,
In your calculation, u take 30 days per month. But as per my knowledge, it'll be 26 days per month. "Weekly off"- will not be calculated in this calculation and Overtime rate will be twice of general hourly rate. So, if I'm not wrong actual calculation will be :
OT will be : 9000/(26*8)=43.00X2=Rs.86/hr.
nasir.jamal@rediffmail.com
Thanx......Mr.Sarkar...For.ur.valuable.reply/answer.to.my.querry.
Also.can.u.give.me.some.details.regarding.the.stan dards.used.for.performance.Appraisals.of.the.emplo yees
Regards
Nasir
mukeshhr1986
dear prasar
overtime calculation depends upon company policy. some organization give it on basic but some gives in gross(basic+hra+conv. etc).
v.harikrishnan
Dear Mr.Mukesh
Over time is a legal right and cannot be based on company's policy. It depends on the section/clause relating to rate of over time wages contained in the law applicable to the establishment concerned. When you make a posting in web site please ensure that what you say is correct.
With regards
diabu anand
Dear Friends,
sub : incentive
please give me suggestion how to give incentives for employees where there is no actual target to complete the production.because it is all based on orders we get from customers, we manufacture cutting tools for granite industry.
Regards,
Anand
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