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 How to calculate OT pay?

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QdChan
post May 2 2010, 10:00 PM

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QUOTE(cherroy @ May 2 2010, 06:08 PM)
OT standard is 1.5x on your basic pay.

Aka if your daily pay is RM100, then OT per hour will be 100/8 x 1.5 = 18.75 per hour.

Allowances cannot take in for calculation.

But allowance generally depended on company itself. Some may not have any, some may.
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yup !! usually count based on 1.5 from ur daily basic salary but depends on company policy lor.
like in place i work,if u dun ask it,HR oso diam diam oli.
So juz like do charity work lor if u dun dare to ask blush.gif

QdChan
post May 3 2010, 02:36 PM

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[quote=wlovey,May 3 2010, 03:28 PM]
Actually I plan to employ some workers in my company so I wana know more on how to calculate OT & I don't have any HR background. blush.gif



ooo... i c
maybe u can try my fren method..
she give rm13/day for worker not yet confirm but got do O.T
then for confirm staff.. she calculate based on hour rate like below :

1 hr OT = basic / 26 working days / 8 working hr x 1.5

so just times lo how many hours OT.

QdChan
post May 3 2010, 04:32 PM

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QUOTE(kelvin_tan @ May 3 2010, 05:00 PM)
@joey
how come allowances is included as part of the OT? I thought only salary?
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Ya..agreed with kelvin,as i know also only basic salary take into OT calculation..


Added on May 3, 2010, 4:35 pm
QUOTE(kelvin_tan @ May 3 2010, 05:29 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?
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Normally is 26 working days..
for 5 working days should be 22days oli
but how if there is 28 days in a mth?
blurred rclxub.gif

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

 

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