How do you calculate a salary for a partially worked month? | ExpatWoman.com
 

How do you calculate a salary for a partially worked month?

71
Posts
EW NEWBIE
Latest post on 04 September 2012 - 13:27

I started a new job (helping out my old boss in the establishment of his company) on 5th August. We agreed a monthly rate for full time work and I worked every working day from the 5th until the end of the month. Sounds like a daft question but how do companies calculate the salary in this case? Should it be prorated on a base of 31 calendar days or the number of working days that month? I think the latter i.e. 22 week days in August, however, if anyone knows for sure this would be appreciated.

Thanks
<em>edited by UmmShamsa on 04/09/2012</em>

2171
Posts
EW EXPERT
Latest post on 04 September 2012 - 17:44
The 260 working days/year is the calculation I used to use when working out salaries a few years ago, regardless of whether someone was fully employed or just temporary labour. There are basically various ways of doing it, but this way works most in the employee's favour and was the one I was always told to use. eg. 20000 pa / 260 - same calculation as below gives 1538.46 pro rata salary. but if you do it on number of working days for August, there were I believe 22 - so 20000 divide 12 divide 22 times 20 = 1515.15. Although I am not sure what would happen in your case regarding the Eid holidays...
2725
Posts
EW EXPERT
Latest post on 04 September 2012 - 17:24
I would calculate the days works, and divide it into the monthly salary agreed. It was only short term work.
1234
Posts
EW OLDHAND
Latest post on 04 September 2012 - 16:12
depends on the company, but in my previous job, it was calculated based on number of working days.
64
Posts
EW NEWBIE
Latest post on 04 September 2012 - 14:14
I second the divide annual salary by 260 days - this was how my salary was calculated at major companies (PwC and JPMorgan) in the UK.
352
Posts
EW EXPLORER
Latest post on 04 September 2012 - 13:57
I would normally take the monthly amount divide by 31 and multiply by the amount of days from the 5th.
49
Posts
EW NEWBIE
Latest post on 04 September 2012 - 13:49
Hi, The general rule (as it is in Ireland) is if you divide your annual gross by 260 (this is amount of days worked in the year) this gives you your daily gross pay. Multiply your answer by the amount of days you worked and this will be your gross total you are owed. ie Euros 20000 (annual gross) / 260 (days worked in the year) = 76.92 (daily rate) x 20 (days worked) = 1538.46 owed Hope its the same system here for it to work for you.
 
 

ON EXPATWOMAN TODAY