What is the formula for gross salary?

Type the formula “=a2*b2” in cell C2 . This formula multiplies the employee’s hourly rate by the number hours the employee worked per week. Change the number format of the cell to currency.

The basic salary is the base income of the fixed component of the whole compensation offered to employees. Gross Salary is, therefore: Basic Salary + HRA + Other Allowances .

total gross pay = (hourly_wage *40) + (1.5 * hourly_wage * (worked_hours-40)) . if worked_hours < 40 then: total gross pay = hourly_wage *worked_hours.