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 part-time work calculations or pro-rated salaries.

2. How Does the Calculator Work?

The calculator uses the standard Malaysian 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 (common in Malaysia) which results in approximately 26 working days per month.

3. Importance of Daily Rate Calculation

Details: Calculating daily rates is essential for temporary workers, part-time employees, and for determining pay for incomplete months of work. It ensures fair compensation based on actual days worked.

4. Using the Calculator

Tips: Enter your monthly salary in MYR. The calculator will automatically divide by 26 to give your daily rate. All values must be positive numbers.

5. Frequently Asked Questions (FAQ)

Q1: Why divide by 26 days?
A: In Malaysia, the standard work week is often 6 days, resulting in approximately 26 working days per month (52 weeks/year × 6 days ÷ 12 months = 26 days).

Q2: Is this different for 5-day work weeks?
A: Yes, for 5-day work weeks, you would typically divide by 22 days instead of 26.

Q3: Does this include rest days and holidays?
A: No, this is a simple calculation based on working days only. Rest days and public holidays are typically not included in daily rate calculations.

Q4: Is overtime included in this calculation?
A: No, this calculates the basic daily rate without overtime or other allowances.

Q5: Can I use this for contract workers?
A: Yes, this calculation is commonly used to determine daily rates for contract or temporary workers in Malaysia.