![]() The information generated by this calculator programme should neither be used in any legal proceedings nor be regarded as evidence in pursuing any claim.įor details about minimum wage calculations, please refer to the Statutory Minimum Wage: Reference Guidelines for Employers and Employees or call the 24-hour Enquiry Hotline 2717 1771 (handled by "1823").Ĭompute minimum wage from ( $40 per hour)* The Labour Department accepts no liability for any loss arising from or related to the use of the information. Since these factors would vary from case to case, they may not be able to be reflected fully in the computation. ![]() Accurate calculations would require consideration of other factors like the terms and conditions under the employment contract and the actual hours worked/leave taken in the month etc. The computation results generated by the calculator programme are for quick and initial reference. NOTE This calculator programme works according to the data (including hours worked and wages) you have entered and certain assumptions on wage calculations. After entering all basic information (including hours worked and wages) and pressing the "Generate Report" button, the programme will work out the amount of minimum wage and the wages payable to the employee to see if the minimum wage requirement is met. Learn how to use Excel to calculate your expenses, and find more budgeting tips to get help with managing your money.The Minimum Wage Reference Calculator programme is a simple tool to assist employers and employees to quickly and initially compute the minimum wage for the more common work patterns for reference. When used correctly, Excel can be a very handy tool for budgeting and planning. You can adjust this template however you like or customize it to your liking. Add your hourly rate in the “Rate per hour” row, and Excel will instantly calculate your weekly earnings in the “Total pay” row. Download the template or open it in your browser and enter your hours under the “Regular Hours” column. If you already know your hourly salary, you can calculate how much money you’ll make each week by using the Timecard template. How to quickly calculate your weekly salary in Excel Drag the box down to the other rows with data. To quickly apply this formula onto the rows below, select the cell with the formula and click on the small box located on the lower right-hand corner of the cell. The number that appears should be your hourly salary for that day. If you structured the columns of spreadsheet like the example above, your formula should look like this:Įnter the formula into the empty cell and hit Enter. “Thankfully, it only takes a few simple steps to calculate your hourly salary in Excel.” Do some quick mathĭouble-click on the cell that’s directly under “Hourly Rate” and divide the product of 24 and the number of hours worked in the row by the amount earned. Leave the cells under “Hourly Rate” blank. In the rows below the named columns, enter the date, number of hours you’ve worked, and the amount you made. If you’re calculating the salaries of multiple employees, you can also include a column for “Employee Name” next to “Date.” Enter your hours and amount paid “Date” (Cell A4) > “# Of Hours Worked” (Cell B4) > “Amount Paid” (Cell C4) > “Hourly Rate” (Cell D4) The texts in your columns should look something like this: So, if you’re trying to stretch column “B”, you’ll want to click between “B” and “C” at the top of the spreadsheet and drag to adjust. You can change the width of the cell to fit longer words by moving your cursor between the top rows. Go to the top of the spreadsheet and start entering your information in each individual cell. You can also browse through this collection of Excel templates and download the one that best fits your style. ![]() Open a new spreadsheet in Excel and add a title to your document so you can access it again in the future. Use these quick tips to calculate your salary in a matter of minutes: Open a new spreadsheet Turn ideas into reality with Microsoft Excel Learn More How to set up your salary spreadsheetĭon’t get overwhelmed by the hundreds of different formula options, it only takes a few simple steps to calculate your hourly salary in Excel. Turn ideas into reality with Microsoft Excel
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |