Depends. Some people use 22 days per month, (assuming 4 weekends) if working 5 days per week. Or a more accurate way to do it is number of days worked in a year/annual salary
It depends on the purpose. For Calculation of wage for a month it is total salary/no of days in the month. For Leave or Gratuity calculations, it is monthly salary / 30.
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Standard and most widely used formula is:
daily wage= (monthly salary x 12)/365
Depends. Some people use 22 days per month, (assuming 4 weekends) if working 5 days per week. Or a more accurate way to do it is number of days worked in a year/annual salary
I personally believe it should be 26 days for daily/overtime calculations. But, 30 days is mainly in practice.
It depends on the purpose. For Calculation of wage for a month it is total salary/no of days in the month. For Leave or Gratuity calculations, it is monthly salary / 30.