The role of human resources in the process of calculating salaries and wages
Human resources in the salary calculation process should not only play the role of supervisor and guide of this process, but also should monitor that the salary calculation process is carried out according to legal requirements.
The benefits that are given to employees, working conditions and employment conditions, financial and welfare facilities that the organization provides to employees and everything related to the affairs of employees can play an important role in the amount of salaries and wages set for employees. Therefore, the salary calculation process must be done with the participation of the human resources of the collections.
Accounting duties in calculating employee salaries
After human resources provides accounting with the information needed to calculate salaries and wages, the calculation process is started by the accountant. Accounting calculates the salaries of employees according to the salary calculation formulas and based on the salary rate of the year and prepares payslips for them.
Of course, doing this using accounting software is done more quickly and accurately, although doing this using unreliable software is not recommended. In the following, for those who intend to do this process manually, we will explain the steps involved in this process.
Determination of basic salary in payroll accounting
The first step in the payroll accounting process is determining the basic salary. Basic salary is determined annually. The Supreme Labor Council is responsible for determining the annual basic salary. This council is made up of government representatives, employers’ representatives and workers’ representatives, and all economic units are informed after it is determined.
Of course, the determination of basic rights does not mean that there is a limit to the use of these basic rights. The salaries of the employees of a group can be determined by agreement between employers and employees and paid on a daily, weekly, monthly or project basis. Of course, it is necessary to set up a contract for this.
If the salaries of the employees are calculated by the hour, their attendance hours should also be calculated and then their salaries should be determined.
Calculation of overtime
Overtime is one of the topics that is very important among accountants. The use of manpower overtime determined according to the law of the labor department and based on the agreement of the parties is equivalent to 40% more than the normal wage rate. The calculation of overtime includes a limit in hours (maximum 4 hours per day and 135 hours per month).
This post is written by sfhjhygfrhesabhaseb