OT hours IF less than 8 hours; (Monthly Basic Salary / 26) x 2.0
OT hours IF more than 8 hours; (Monthly Basic Salary / (26 x 3.0) x OT Hours

Depending on your company's discretion.

Regards, Joey

This post has been edited by Joey Christensen: May 3 2010, 04:07 PM

Hmm i noticed that you divided it by 26. I'm assuming this is for company's that have 6 working days a week? So am I right to assume the calculation should be divided by 22 if it is a 5 day working week? Or is it a standard formula?

Ya..agreed with kelvin,as i know also only basic salary take into OT calculation..

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Added on May 3, 2010, 4:35 pmNormally is 26 working days..
for 5 working days should be 22days oli
but how if there is 28 days in a mth?
blurred

This post has been edited by QdChan: May 3 2010, 04:35 PM

normal rate/hour : base salary x 12 / 2080
OT rate/hour (weekdays/saturday) : normal rate/hour x 1.5
OT rate/hour (sunday) : normal rate/hour x 2

2080 = 40 hours/week (normal hour to be completed in 1 week) x 52 weeks/year

That will depend on your company calender

Company A, calculate no. of working days in a month, divide accordingly
Company B, fixed no. of working days in a month (usually averaging throughout the year), divide accordingly..

Usually for my company it's 1.5x after hours, 2x during weekend, 3x during public holidays. But there's a basic cap imposed, which cause our OT rate to be rather low

In most western countries, you can take action against your company... if your company requires you to work OT... yet pay nothing in return...

sadly not in Malaysia...

hello,

Is break during overtime included in OT calculation?

Lets say i work OT 4 hours and have break 1 hour, so should my employer calculate OT as 3 hr or 4 hrs?