Dear HR folks, Please let me know the statutory requirements for calculating Overtime . Whether we have to consider only Basic+DA OR Basic+DA+All Fixed allowances ? Regards-Ramesh
From Singapore, Singapore
5From Singapore, Singapore
Dear Ramesh
For overtime calculation as per factories act, we have to take only
basic salary and DA and not any other allowances.
Overtime to pay double the salary only when the particular employee
work for more than 48 hours in a week or more than 9 hours in a day.
Cheers
Trisha
HR Professional
From India, New Delhi
For overtime calculation as per factories act, we have to take only
basic salary and DA and not any other allowances.
Overtime to pay double the salary only when the particular employee
work for more than 48 hours in a week or more than 9 hours in a day.
Cheers
Trisha
HR Professional
From India, New Delhi
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Statutory Compliance of a Industrial or Commercial Unit.xls
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