I'll pick on what I can
Quote Originally Posted by Yvonne View Post
Is overtime calculated on basic in pay package only?
Basically, yes. The best way I can think of to expain is you need to seperate basic pay and benefits. Technically, the benefits are proportionate to basic pay. The basic pay is the foundation.
do you think if medical and a retirement fund become compulsory that companies could be made to bear the cost?
Probably - either directly or indirectly. But there is still that if. Even if it is a question of when, it might still be quite a way off. I also don't buy that there is any advantage in jumping the government gun by setting up the company's own fund. Maybe it's just the cynic in me but I reckon all the newish rules have killed the main reason why a company should put in a pension fund (in particular). Staff loyalty, in case you're wondering.

I lost you on the public holidays iro overtime thing, but let me waffle on anyway to encourage correction of my erroneous ways.

My undertanding is that there are 365 days in the year and 12 months. If you've got a 5 day work week this averages out at 365/12*5/7 = (approx.)21.7 average working days per month. So the monthly salary is divided by 21.7 to get the daily rate used for overtime calculations.

Standing by to be