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  • Gratituaty Formula

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    Mudasar Ishtiaq
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    This document shows calculations for profit sharing over 3 years based on an employee's starting basic salary. It calculates the employee's basic salary each year, the company's 10% share of profits, the employee's 10% share of profits, and then totals the monthly, yearly, and overall profits shared with the employee over the 3 year period.

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    GRATITUATY FORMULA.xlsx

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    This document shows calculations for profit sharing over 3 years based on an employee's starting basic salary. It calculates the employee's basic salary each year, the company's 10% share of profits, the employee's 10% share of profits, and then totals the monthly, yearly, and overall profits shared with the employee over the 3 year period.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    8 views3 pages

    Gratituaty Formula

    Uploaded by

    Mudasar Ishtiaq
    This document shows calculations for profit sharing over 3 years based on an employee's starting basic salary. It calculates the employee's basic salary each year, the company's 10% share of profits, the employee's 10% share of profits, and then totals the monthly, yearly, and overall profits shared with the employee over the 3 year period.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    of 3

    FORMULA GR.

    Basic 34594
    Percentage 25%
    Years 3
    Per Year 8648.5

    25945.5
    25-10-2013
    25-10-2014
    25-10-2015
    25-10-2016
    25-10-2017
    2016 2017 2018
    BASIC BASIC BASIC
    2000 1254 25451

    COMPANY 10% OF 200 125.4 2545.1


    PROFIT 10% OF 200 125.4 2545.1

    TOTAL PER MOTH 400 250.8 5090.2

    TOTAL PER YEAR 12 12 12

    24000 15048 305412

    TOTAL 344460

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