How to calculate the average salary?

Vladimir Kulinich
Vladimir Kulinich
April 1, 2013
How to calculate the average salary?

Many are interested in their average salary. How to calculate the average wage, our article will tell. To begin with, it must be recalled that the new amendments that are made to the Labor Code of the Russian Federation suggest that the calculation period for any cases on the definition of the average salary is the same, even when calculating compensation for leave that you did not use and pay the vacation itself.

This billing period is twelve calendar months up to the payout period. Any calendar month is equal to the time interval from the 1st to the 31st day of this month, inclusive. In addition, in order to know how to calculate the average wage, it is necessary to remember that the collective agreement provides for other periods on this calculation in the case when these periods do not limit the employee.

Payroll

Employees who have fully worked out their settlement period and have fulfilled the requirements and labor standards established in the process can calculate their average earnings.It may not be less than the minimum payment, which is established by the law of the Russian Federation. For any cases of finding the average daily earnings, except for the payment of compensation for the vacation, which was not used by you and the payment for the vacation itself, it can be determined according to the following formula: “Actual payroll wage” / “Actually worked days for the entire settlement period”.

In the case when you want to calculate the average earnings per day, for the payment of various compensations, you need to know whether the calculation period has been fully worked out. If this is so, then the value you are seeking should be equal to: “Actual accrued wages for the billing period” / “12 months of the given billing period” / “Average monthly number of calendar days” (this number is 29.4 days).

If the required calculation period was not fully developed by the employee, then the divisor of the above formula should be defined differently. In such a case, the average monthly number of calendar days is needed, which is multiplied by the number of fully worked months and the number of working days of the full working week, which should fall in time, which was worked out in the not fully modified months, and multiplied by a factor of 1.4. Now you know how to determine the average wage!