Determination of the fund and the volume of wages is carried out within the limits of the funds approved by the company's budget and in accordance with the calculated tariff standard for each employee of the company for the current financial year.
It is necessary
the total amount of remuneration (wages, bonuses, additional payments, allowances), the total amount of working time, the number of employees
The calculation of the payroll is the most important criterion when planning the remuneration of employees, as it expresses the total amount of the financial assets of the enterprise, therefore, in order to clearly determine the structure of the payment of funds, you should distinguish several types of payroll funds: - monthly, which you can calculate, summing up the total daily wage bill with additional payments associated with non-working days and holidays, which also include vacation, sick leave and severance pay.
Daily, represents the summation of the hourly wage fund and additional payments that are associated with intra-shift breaks; - hourly, to calculate it, you need to determine the tariff fund for the payment of funds, namely, what wages the employee receives in accordance with a certain tariff, and summarize with additional payments for hours worked, which include night shifts and bonus incentives.
When analyzing, planning and forecasting future indicators of payroll funds, it will be important for you to calculate indices and standard ratios of average monthly, average daily and average hourly wages: - in order to find out the salary per one employee of your company on average per month, you need to take the total fund monthly wages and divided by the average number of all employees.
Average daily wages. You can calculate this type of remuneration for your company's employees by dividing the daily payroll by the hours worked. If you are calculating the average hourly wage, then for this, the total hourly payroll is divided by the hours worked.