How to calculate the average monthly salary

The average monthly wage should be calculated when paying benefits, different compensations and other payments stipulated by the Labor code. As a rule, in this figure include all payments that relate to remuneration, i.e., bonuses, allowances, salary, remuneration - all of which taxed personal income tax.

Instruction

1. The first thing you need to do is to determine the period for which you calculate the average monthly wage. If, for example, you need to calculate the amount of compensation for unused holiday, the calculation period will be equal to the period of time in which you have not used the annual paid leave.
2. Then, using the estimated statement for that period, add up all payments subject to income tax (pit). Note that from this amount, subtract any financial aid, and payments issued in a quality gift.
3. Then the resulting value will be divided by the number of months in the billing period. For example, an engineer for 8 months and have received wages in the amount of 88000 rubles. Thus, the average monthly wage will be equal to 88000 rubles / 8 months = 11,000 rubles.
4. But what if the month is not fully worked out? The Fes explained that for calculation of compensation for unused leave, as well as for the calculation of holiday pay, unearned fully a month may be rounded, so for example, if an employee worked for 15 days in a month, this period is included in the calculation as a whole unit. Conversely, if he worked less than 15 days, this time is excluded from the calculation.
5. If you need to calculate the average wage for the calculation of benefits for pregnancy and childbirth, add up all the payments for the past 12 or 24 months (at the discretion of the employee). Then add up all the payment and get the monthly salary by dividing the amounts disbursed during the billing period by the number of months.
6. When calculating average wages for severance pay, you need to take into account the last 12 months, i.e., calendar year.