Monthly Salary Formula:
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Part Time Monthly Salary in Malaysia is calculated based on the number of hours worked per month multiplied by the hourly rate. This calculation helps part-time workers estimate their monthly earnings.
The calculator uses the simple formula:
Where:
Explanation: The equation multiplies your total working hours by your agreed hourly wage to determine your gross monthly salary.
Details: Accurate salary calculation is crucial for financial planning, budgeting, and ensuring you're being paid fairly for your work hours.
Tips: Enter your total working hours per month and your hourly rate in MYR. Both values must be positive numbers.
Q1: What is the minimum wage for part-time workers in Malaysia?
A: As of 2024, the minimum wage in Malaysia is RM1,500 per month for full-time workers. Part-time workers should receive at least the pro-rated equivalent.
Q2: Are part-time workers entitled to EPF/SOCSO in Malaysia?
A: Yes, part-time workers earning more than RM50 per month are generally entitled to EPF contributions from their employer.
Q3: How many hours is considered part-time in Malaysia?
A: Typically, part-time work is less than 30 hours per week, but there's no strict legal definition.
Q4: Should overtime be calculated differently?
A: Yes, overtime hours (beyond normal working hours) should be paid at 1.5 times the normal hourly rate.
Q5: Are public holidays paid for part-time workers?
A: This depends on your employment contract. Part-time workers are generally not entitled to paid public holidays unless specified.