Stuff Employers Should Know

Calculating Remuneration - The Maths Edition!


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BGD gives Yas a summary of calculating monthly, weekly, daily and hourly wages or remuneration.

Summary of calculations:

Hourly Wage = Daily wage / # of ordinary hours worked in a day
or
Hourly Wage = Weekly wage / # of ordinary hours worked in a week

Daily Rate = Hourly wage x # of ordinary hours worked in a day
or 
Daily Rate = Weekly wage / # of ordinary days worked in a week

Weekly Wage = Daily wage x # of ordinary days worked in a week
or  
Weekly Wage = Monthly wage / 4.33 

Monthly Wage = Weekly wage x 4.33 

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Stuff Employers Should KnowBy Stuff Employers Should Know