How to avoid common salary calculation errors? 3 simple steps to teach you how to accurately grasp your salary

In the workplace,Salary calculation not only involves personal rights and interests, but also reflects the reputation of the company. Once the calculation is wrong, whether it is too much or too little, it may lead to labor disputes and even legal problems. Salary calculation cannot be ignored, especially when employees join or leave or when there are holiday adjustments, mistakes are more likely to occur. This article will analyze in depth how to use three practical steps from the perspective of news reporting.Calculate salaries accurately and avoid common mistakes, so that both enterprises and employees can feel at ease.

3 steps to avoid common salary calculation mistakes

Step 1: Correctly understand the salary composition and calculation basis

Many calculation errors come from misunderstanding the composition of wages.. The "monthly salary" stated in the employment contract usually includes not only the basic salary, but may also include full attendance bonuses, position allowances, etc. If only "basic salary" is used as the calculation basis, employees' salaries may be shortchanged, which also violates the Labor Standards Act's principle of "full salary payment".

Various salary components and their calculation methods

News scene example:
According to the 2024 salary dispute statistics,About 18% of labor disputes are caused by "wage items not fully included", particularly the under-calculation of fixed allowances. therefore,Monthly salary calculation should include recurring items into consideration, rather than just basic salary.

Step 2: Choose the correct salary calculation method - "monthly salary/30 days" standard

The most common mistake is choosing the wrong divisor., that is, calculating based on the actual number of days (such as 31 days, 28 days), resulting in employees' salaries being short or increased by mistake in big and small months or February. The correct approach should be based on Article 123 of the Civil Code.All based on "30 days".

Correct formula and example for salary calculation

Table Description:
by 30 days as the denominator , regardless of whether it is a long month, a short month, or a leap year month, this will be fair and in compliance with regulations. This practice can effectively prevent injustice, disputes and calculation errors caused by the difference in long and short months.

Step 3: Understand labor standards regulations and thoroughly check vacation and notice periods

When hiring employees on a monthly salary basis, all statutory holidays, national holidays, and rest days should be included in the salary calculation. The resignation notice (advance notice period) includes statutory holidays and national holidays, and wages cannot be arbitrarily deducted. In addition, errors in salary settlement when employees leave or join the company may result in legal penalties.

Common salary calculation errors and correction suggestions

Key points:
– Salaries must be settled immediately upon leaving the company, and the agreed period cannot be exceeded.
– Late payment, short payment or excessive salary deduction, according to the law, will be fined 2 to 1 million yuan.
– When the contract is terminated early with notice, all “days in service” and vacations will be paid, and no deductions can be made for employees who choose to leave on holidays.

Operation Tips: Use the salary calculator to check your salary immediately

forImprove transparency and accuracy of payroll calculationsIt is recommended that companies and employees can make their own salary calculation checklist for monthly verification.

Field Survey: Which errors occur most often?

According to the investigation by the labor authorities and the media,Common salary calculation errors in Taiwanese companies are listed below.:

1. Forgetting to combine all fixed items in the monthly salary
2. The denominator is the number of days in the month (28/29/30/31 days), not 30 days.
3. Only working days are counted, not statutory holidays and national holidays
4. Delayed or instalment payment of salaries to departing employees

Reminder to businesses and employees:
Salary calculations must be strictly checked, and it is recommended that written records be kept and preserved to provide evidence in the event of future disputes.

Additional knowledge: "AffiMarket Easy Alliance" helps professionals earn more

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Features of Easy Alliance Platform:

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Strengthen the concept of salary calculation and protect the rights and interests of both parties

Salary calculation is the most basic cornerstone of trust between labor and management.Most mistakes can be prevented by following the three simple steps above, understanding the composition of wages, choosing the right divisor, and respecting statutory holidays. Mastering the calculation details can not only maintain corporate integrity, but also protect the rights and interests that employees deserve, making salary payment an important driving force for workplace harmony and stability. In the future, whether you are earning a salary or running a side business, you can add points to your bright career with the same professional attitude.