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Prorated Salary Calculator SG

Prorated Salary Formula:

\[ \text{Prorated} = \text{Monthly} \times \left( \frac{\text{Work Days}}{\text{Total Days}} \right) \]

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1. What is Prorated Salary?

Prorated salary refers to the amount of pay a worker earns based on the number of days worked in a pay period, rather than their full monthly salary. This is common in Singapore when employees join or leave mid-month.

2. How Does the Calculator Work?

The calculator uses the prorated salary formula:

\[ \text{Prorated} = \text{Monthly} \times \left( \frac{\text{Work Days}}{\text{Total Days}} \right) \]

Where:

Explanation: The formula calculates the portion of the monthly salary earned based on the proportion of days worked.

3. Importance of Prorated Salary Calculation

Details: Accurate prorated salary calculation ensures fair compensation for partial month work and compliance with Singapore employment laws.

4. Using the Calculator

Tips: Enter monthly salary in SGD, number of work days, and total days in the month. All values must be valid (positive numbers, work days ≤ total days).

5. Frequently Asked Questions (FAQ)

Q1: How are weekends and public holidays counted?
A: Typically, only actual working days are counted. Public holidays when the employee would normally work should be included.

Q2: What if the employee worked partial days?
A: For partial days, you may need to calculate based on hours worked or consider it as a full day depending on company policy.

Q3: Is this calculation MOM-compliant?
A: Yes, this follows the standard prorating method recognized by Singapore's Ministry of Manpower.

Q4: How to determine total days in month?
A: Typically use calendar days (28-31), but some companies use working days only (20-23). Check your company policy.

Q5: Does this include CPF contributions?
A: No, CPF contributions are calculated separately based on the prorated salary amount.

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