I have two fields in login table

• password
• salt

And I have this little function to generate salt

function random_salt($h_algo="sha512"){
        $salt1=uniqid(rand(),TRUE);
        $salt2=date("YmdHis").microtime(true);
        if(function_exists('dechex')){
            $salt2=dechex($salt2);
        }
        $salt3=$_SERVER['REMOTE_ADDR'];
        $salt=$salt1.$salt2.$salt3; 

        if(function_exists('hash')){
            $hash=(in_array($h_algo,hash_algos()))?$h_algo:"sha512";
            $randomsalt=hash($hash,md5($salt)); //returns 128 character long hash if sha512 algorithm is used.
        }else{
            $randomsalt=sha1(md5($salt)); //returns 40 characters long hash
        }

        return $randomsalt;
    }

Now to create user password I have following

$userinput=$_POST["password"] //don't bother about escaping, i have done it in my real project.
$static_salt="THIS-3434-95456-IS-RANDOM-27883478274-SALT"; //some static hard to predict secret salt.
$salt=random_salt(); //generates 128 character long hash.
$password =sha1($salt.$userinput.$static_salt);

$salt is saved in salt field of database and $password is saved in password field.

My problem, In function random_salt(), I m having this FEELING that I'm just making things complicated while this may not generate secure salt as it should. Can someone throw me a light whether I m going in a right direction?

P.S. I do have an idea about crypt functions and like such. Just want to know is my code okay?

Thanks.