Malaysian Ringgit Sample Clauses
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Malaysian Ringgit. Eight hundred and fifty) and the payment shall be made in cash on the last working day of each month. However, the Employer may with the consent of the Domestic Maid deposit the wages of the Domestic Maid into an account in the name of Domestic Maid at a reputed bank (refer annex A). This account should only be under the name of the Domestic Maid. The ATM card and the deposit slips of the salary should be with the Domestic Maid. The overtime pay shall not be less than 1.5 times the hourly rate of pay on normal day's work, 2 times the hourly rate of pay on rest day's work and 3 times the hourly rate of pay on public holidays work. An employee shall also be entitled to be paid for holidays of not less than 10 days in a year according to Malaysian Labour Law. Domestic Maid who is required to work on holidays shall be paid 2 additional days wages at the ordinary rate of pay. Basic Salary : RM850.00 per month :
Malaysian Ringgit. Rates for Malaysian Ringgits are calculated as follows [***].
Malaysian Ringgit. Rates for Malaysian Ringgits are calculated as follows (i) spot rate against United States Dollar or Euro as the Latest Published Rate at 1600 HR published by the Bank of Negara Malaysia (▇▇▇.▇▇▇.▇▇▇.▇▇) as at the second to last Thursday of the month plus (ii) average forward points for two (2) months as calculated by the difference between forward minus spot rate from the table “Dollar Spot Forward Against the Dollar” published by the FT on the second to last Thursday of the month for the closing values of the second to last Wednesday of the month of WM/Reuters. The average rate is determined from the one (1) month and three (3) month forward rates divided by two based on the FT. The Euro forward points will be calculated from the cross rates of United States Dollar and Euro forward rates.