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For the purpose of calculating salary, can someone kindly advise if the salary payable to a monthly-rated employee for an incomplete month of work is calculated using the formula below:

Salary payable for incomplete month of work =

(Monthly gross rate of pay)/(Total number of working days in that month)

X Total number of days the employee actually worked in that month

where the total number of working days in that month excludes rest days, non-working days but includes public holidays. And the total number of days the employee actually worked in that month includes public holidays, paid hospitalisation leave or annual leave if entitled.

Thanks!

Salary payable for incomplete month of work =

(Monthly gross rate of pay)/(Total number of working days in that month)

X Total number of days the employee actually worked in that month

X 0

mraph33 wrote:Salary payable for incomplete month of work =

(Monthly gross rate of pay)/(Total number of working days in that month)

X Total number of days the employee actually worked in that month

X 0

[probably not that funny to Gene but...].

Sound's right (except for the last multiplication).

All rite, thanks guys!

huhh...finally the calculation of salary has been settled.