WAGES CALCULATION
WAGES CALCULATIONKUMAR VIKASHOVERTIMEWhat is Overtime in
Ordnance Factories ? An Employee of an ordnance factory has 08
hours working from Monday to Friday and 4 hours 45 minutes on
Saturday. so total hours worked in a week = 44 hours and 45 minutes
. For 54 hours Working of a Week An employee work 09 hours per day
from Monday to Saturday. so total hours worked in a week = 54 hours
. Leave for one dayIf an employee was absent for one day in a week
, then his total working hours for a week = ( 54 9) = 45 hours So
overtime of a week = 15 minutes . PIECE WORK PROFITEvery persons
has to work /manufacture different items or components at a shop
floor in a section . Every component has its own job/operation rate
. If an employee who is working in 54 hours ( 9 hours / day) will
manufactured so much components thats having the rate of more than
09 hours then the additional work of the employee was known as
piece work profit .CONDITION FOR OVERTIMEPIECE WORK > 50% = 54
HRS. WORKING
50 % > PIECE WORK > 40 % = 51 HRS. WORKING
40 % > PIECE WORK > 25 % = 48 HRS. WORKING
25 % PIECE WORK = NO OVERTIMEHow to calculate Piece Work Profit
/ BookingTypes of BookingBooking can be done by two types By Gang
wise By IPW wise In gang wise booking many employees contains same
gang. If there are 85 employees in a section then the concerning
authority May divide them into many gangs such as 6 or 7 or 8
gangs.
But IPW Booking is only for individual employee . Terms used
during BookingGang / IPWMonth , Year , Section CodeCard Gang No. /
T.N. for IPWWarrant Operation No / Sub Op. No. / Alt. Op. No.
Quantity ( Which has to be booked ) Daily An employee ( Mr. X ) has
worked 9 hours per day so daily of Mr. X per day is 09 hours. If it
is a month of 25 working day and the Mr. X has two day leave in the
month so Mr. X has worked only (25-2) = 23 days. so Daily of Mr. X
is (23*9) = 207 hours. Stores / Manufacturing components001 000 0
part to length (herbert 7-b) 066 4.11002 000 0 machine setting and
tool maintenance. 066 1.31003 000 0 carry for next oprn. 066
1.13004 000 0 removal of swarf to site. 066 0.90005 000 0 hold on
CNC M/C chuck turn 24.50dia 20. 066 13.38005 001 1 HOLD ON CHUCK
TURN DIA 24.5,20.95 CUT TH 066 25.09006 000 0 m/c setting and tool
maint. 066 5.15007 000 0 carry for next oprn. 066 1.13008 000 0
removal of swarf from m/c to site. 066 0.90009 000 0 clean de-burr
and submit for stage inspe 066 1.80010 000 0 reverse hold on CNC
M/C chuck face turn 066 15.20010 001 1
REVERSE,HOLD,FACE,DRILL,REAME,THREAD COM 066 29.03011 000 0 m/c
setting and tool maint. 066 5.76012 000 0 clean de-burr and submit
for stage inspe 066 1.80013 000 0 carry for next operation and
removal of 066 2.03014 000 0 set ON CNC M/C (spider type)drill all
16 066 8.51014 001 1 SET,DRILL ALL 16 HOLES,REAM,DEBURR COMPL 066
14.90015 000 0 machine setting and tool maint. 066 3.03016 000 0
carry and removal of swarf. 066 2.03017 000 0 straightening de-burr
to suit spider gau 066 9.60018 000 0 stamp. 066 5.36019 000 0 clean
and adjust to all gauges and submi 066 7.35020 000 0 de-grease
including maint. 066 0.14
Profit CalculationProfit calculation has in a Partial form
.Account should play an important roll during profit .Account
issues additional 25 % piece work profit for each employee which
should be equal to the daily of employee.
Formula for calculation of profit Piece Work Profit = { ( Worked
hours as per components O/P * 1.25 ) / Daily } ProfitDuty of Mr. Y
is on Bend Shaw for parting of rod . Mr. X has parted 300 pieces
per day . So at 25 working day Mr. Y has parted ( 300*25) = 7500
Pieces.Daily of Mr. Y is ( 25*9 ) = 225 hoursRate of 100 Piece is =
4.11 hour. then rate of 7500 piece is = ( 7500*4.11/100 ) = 308.25
hours.
* Piece work Profit of Mr. Y is = {(308.25 * 1.25 ) / 225} =
1.7125 means (71 % )Description Daily of an employee should known
as Input Working Hours and Booked Hours should known as Output
Hours.Working Hours should also known as S.M.H.Daily known as Input
S.M.H.Working Hours known as Output S.M.H.S.M.H = W.I.P. = work of
Individual person P.W.C. = Piece work Card Process of Booking On
Online System Login and password 1 For PPC Application 4 For W.I.P.
Maintenance 2 For Piece Work Booking2 For Gang wise Entry .then
CTRL C for back.3 For P.W.C. Entry Add
THANK YOU
