How to pay employees overtime monthly. (Assuming salary of 8,000 baht)
(/ denotes division, * denotes multiplication)
daily wage is 8,000 / 30 = 266.66 baht / day OT1 hour of regular wage 266.66 / 8th hour = 33.33 Baht / hr. OT1. 5th hour of overtime working day (1.5 times) 266.66 / 8 * 1.5 = 49.99 Baht / hr. OT3 hour of overtime, holidays / weekends (three times), 266.66 / 8 * 3 = 99.9 Baht / hr.
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