To calculate basic wage, first determine the employee's hourly rate or salary. For hourly workers, multiply the hourly rate by the number of hours worked in a pay period. For salaried employees, divide the annual salary by the number of pay periods in a year. This gives you the basic wage for that specific pay period.
To calculate overtime, you multiply 1.5% times your hourly wage. When you get that, you multiply that times your overtime hours worked.
take your hourly wage, multiply by 40 then multiply by 52
the hourly rate times the hours worked
mine is 11,400GBP/anum i am an apprentice electronic engineer in England so i have a crappy wage, yes
What is the basic earning power ? Net Inc= 600000 ROA=8% Int EXP= 225,000 Tax Rate =35 % BEP for this is 15.31%
A Chefs Wage can be anything from basic minimum wage to £30,000PA and more
basic of coal India limited as per rule current basic X1.88 % 4 = ? is your final basic of wage board ix in coal India limited
To calculate the real wage rate, you need to divide the nominal wage rate by the price level index. This will give you the purchasing power of your wages after accounting for inflation.
The concept behind clean wage is basic pay. Clean wage is concerned only with the actual pay that goes to a worker at the end of the day after all deductions and allowances have been effected.
Divide yearly wage by 2080 hours (that's 40 hours a week for 52 weeks)
From researching the same kind of things I have found a variance. The basic wage for a male was around 13 pounds but the average was more like 15-17pounds. Female basic wage was around 8-9 pounds
From a letter of employment, dated 3 November 1960, NSW Electricity Commision letter, the basic wage was 14.8.0 pounds per week
Family wage is essentially the wage of the whole family as a whole, including any types of wages made off to the side. It may be hard to calculate this value.
To calculate overtime, you multiply 1.5% times your hourly wage. When you get that, you multiply that times your overtime hours worked.
That's the basic purpose of all formulae - to calculate.
Pl. tell me minimum basic salary/wage for pf deduction
Laborers in the Philippines receiving minimum daily basic wage are supposed to be exempted from paying income tax. Employers should not withhold taxes from their employees who are receiving minimum daily basic wage.