Below is How To Calculate Hourly Rate In South Africa
Hourly, Daily Rate Calculator
Get the hours per week =Hours per day x Working days(per week)
Get the hours in a year = Hours per Week x 52 weeks (in a year)
Get the hours per month = Hours in Year ÷ 12 (months)
Get Hourly Pay = Monthly Salary ÷ Hours Per Month.
Get Daily Pay = Hourly Pay x Hours Per Day.
If you are calculating the rate based on a salary then you would divide the salary by 260 days to get the daily rate.
Salary ÷ 260 days (working days) = Daily Rate.
Daily Rate (total above) ÷ Number of Working Hours, Per Day = Hourly Rate.
260 (working days) – 28 (holiday days) = 232.
What is the minimum basic salary?
For instance, if an employee has a gross salary of Rs. 40,000 and a basic salary is Rs. 18,000, he or she will get Rs. 18,000 as fixed salary in addition to other allowances such as House rent allowance, conveyance, communication, dearness allowance, city allowance, or any other special allowance.
What are the normal working hours in South Africa?
According to the Basic Conditions of Employment Act (BCEA), the maximum normal working time allowed is 45 hours weekly.
This is nine hours per day (excluding a lunch break) if the employee works a five-day week, and eight hours per day (excluding a lunch break) if the employee works more than 5 days per week.
Which job is the most paying in South Africa?
Chartered Accountant.
Actuary.
Specialist Doctors.
Software Engineers.
Petroleum Engineers.
Management Consultant.
Lawyers.
Air Traffic Controller.