Online Overtime Calculator Malaysia
Fill in the information about how much your hourly rate is and the calculator will do all the rest.
Online overtime calculator malaysia. The payrollpanda app automatically calculates overtime for more info you can refer to this help article. Rules explained in this article apply to employees covered under the employment act e g. It will show you the rate of overtime and the total pay you can expect.
This free online income calculator will calculate your overtime rate of pay based on your regular hourly rate multiplied by the ot multiplier that applies to your job time and a quarter time and a third time and a half double time triple time etc. Everything there is to know on how to deal with this calculation is explained below the tool. Btw payroll my pcb calculator 2020 is powered by hr my s payroll calculator.
Minimum wage is the lowest wage permitted by law or by a special agreement. How to calculate wage for salary calculator malaysia 2020. This minimum wages also defined as the minimum amount of remuneration that an employer required to pay wages malaysia earners for performance work during a given period.
You can adjust the rate to anything you want or set a custom overtime hourly rate and the time and a half calculator will calculate your total payment. Generate principal interest and balance loan repayment chart over loan period. A non workman earning up to 2 600.
Estimate monthly home loan repayment amount. If you need more flexible and better payroll calculation such as generating ea form automatically or adding allowance that does not contribute to pcb epf or socso you may want to check out hr my free malaysian payroll and hr software which is absolutely free. Payment must be made within 14 days after the last day of the salary period.
You can claim overtime if you are. Forever for unlimited employees. The overtime calculator rate payable for non workmen is capped at the salary level of myr1250 00 and have work of 44 hours a week for overtime calculator for payroll software malaysia work your employer must pay you at least 1 5 times the hourly basic rate of pay.
Overtime calculator this overtime calculator figures your total overtime paycheck and the ot rate together with the regular pay by taking account of the number of hours worked. The default value for overtime rate of the overtime pay calculator is 1 5 times the regular rate. Wages not exceeding rm2 000 manual labourers but can also be used as guidelines for other staff.
Our overtime calculator is the perfect tool to help you see how much money you will earn in exchange for those extra hours at work. Calculate overtime pay for a monthly rated employee if you are a monthly rated employee covered under part iv of the employment act use this calculator to find out your pay for working overtime.
