overtime rate in malaysia
Normal working day (1.5) basic pay/ 26 days x 1.5 x hour of works. 1.5 x hourly rate of pay = 1.5 x rm10 =. Overtime hours as per employment act 1955 (malaysia), the employee shall be paid at a rate not less than 1.5 times his/her hourly rate for overtime work in excess of the normal work hours. Rm5.77 per hour x 1.5 = rm8.66 per hour (working overtime on normal day) however, mistakes. Overtime Rate In Malaysia You can adjust color and size of your overtime rate in malaysia . Employment act 1955, section 60a. The same employee’s hourly rate of pay would be rm12.50 (rm100 / 8 hours = rm12.50) in the event that an employee was asked to work on a public holiday during his/her normal working. Payment of overtime work the pay for overtime work shall be at a rate of not less than 1 ½ time of the employee hourly rate of pay. Employees earning up to rm4,000/month will be entitled to overtime payments. Ordinary rate = monthly salary / 26 rm 1600 / 26 = rm 61. Example of malaysia overtime calcul