Prorated Salary Formula:
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Prorated salary is the amount paid to an employee for working only part of a pay period, calculated based on the actual days worked. This is commonly used in Malaysia according to MOM (Ministry of Manpower) guidelines when employees join or leave mid-month.
The calculator uses the prorated salary formula:
Where:
Explanation: The formula calculates daily rate by dividing monthly salary by total days in month, then multiplies by actual days worked.
Details: Accurate prorated salary calculation ensures fair compensation for partial month work and compliance with Malaysia's employment regulations.
Tips: Enter gross monthly salary in MYR, total days in month (typically 30 for payroll purposes), and actual days worked. All values must be positive numbers.
Q1: What is the standard number of days used for proration?
A: Most companies in Malaysia use 30 days for proration calculations regardless of actual calendar days in month.
Q2: How are public holidays treated in proration?
A: If public holidays fall on working days, they are typically counted as paid days in proration calculations.
Q3: Does this apply to probationary employees?
A: Yes, proration applies equally to all employees including those on probation.
Q4: How is unpaid leave handled in proration?
A: Unpaid leave days should be deducted from days worked in the calculation.
Q5: Is proration different for monthly and daily paid workers?
A: Yes, this calculator is for monthly paid employees. Daily paid workers have different calculation methods.