How does extra hour pay is calculate at your work ? And do you think is it fair for your or profitable to org only?
This is how it works at my work. Hour rate = CTC per month / 30 / 8
So if your CTC per month is 30K , the hour rate would be 30,000/30/8= 125/h
Lol what i find unfair for employee in this is that HR count the 30days(working+holiday) and not only working days(~22)
Extra hour pay is calculated as CTC per month divided by 30 and then by 8. It's a bit unfair since they include holidays in the calculation.
Exactly i think if they calculate as (CTC per month / 160 * Xtimes) then that might be fair.
Our company has a rule of 8 hours are working everyday. Which is 40 hours a week. Fair, no questions asked
Sometimes when we come in late say 30 minutes, we are expected to compensate those 30 minutes as work within the week. Fair agai...
I've heard a lot about CXOs asking to work such amount of hours.
Solution: Today we work 40-45 hrs (officially) for our salaries. Just ask these great people to pay by hour and all this conversation will be gone.
Salary per hour = Curr...
Hi, I joined a mid sized IT consultancy company 5 months ago, since then as a developer I have generated approx ~ 17 lakhs rupees in profit for the company. Based on this, I feel underpaid lol.
I was thinking of asking for a raise. Do ...
Yes, we should all work 70 hours a week so shareholders can make 70 millions a week and then at the first sign of tro...
If Narayan Murthy had a role in the Gladiator he would be: Pontificus Maximus, commander of the Catamaran, loyal...
I ain't working 70 hrs a week to make someone else rich.
