1. What is Daily Rate Calculation?

The daily rate calculation converts a monthly salary into a daily wage based on the standard 26 working days per month in Malaysia. This is commonly used for contract workers, part-time employees, and payroll calculations.

2. How Does the Calculator Work?

The calculator uses the simple formula:

Where:

• Monthly Salary — Gross monthly salary in Malaysian Ringgit (MYR)
• 26 — Standard number of working days per month in Malaysia

Explanation: This calculation assumes a 6-day work week (Sunday off) which is common in Malaysia, resulting in approximately 26 working days per month.

3. Importance of Daily Rate Calculation

Details: Calculating daily rates is essential for determining overtime pay, part-time wages, pro-rated salaries, and contract worker compensation in Malaysia's labor market.

4. Using the Calculator

Tips: Simply enter your monthly salary in MYR. The calculator will automatically compute your daily rate based on 26 working days.

5. Frequently Asked Questions (FAQ)

Q1: Why 26 working days?
A: Malaysia typically follows a 6-day work week with Sunday off, resulting in approximately 26 working days per month (52 weeks × 6 days ÷ 12 months = 26).

Q2: Is this calculation applicable to all workers?
A: This applies to most private sector workers. Government employees and some industries may have different working day calculations.

Q3: Does this include public holidays?
A: No, public holidays are typically paid days off and not included in the 26 working days calculation.

Q4: How does this affect overtime calculations?
A: The daily rate serves as the basis for calculating overtime pay rates according to Malaysian labor laws.

Q5: Is EPF and SOCSO deducted from this rate?
A: No, this calculates gross daily rate before any statutory deductions.