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Payroll Computation Group 4

The document provides a breakdown of employee salaries, including basic pay, overtime, and deductions for three employees with different roles and working hours. It details their gross earnings, mandatory deductions, and net pay calculations. Additionally, it outlines specific scenarios for each employee regarding their work schedules and allowances.
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0% found this document useful (0 votes)
9 views

Payroll Computation Group 4

The document provides a breakdown of employee salaries, including basic pay, overtime, and deductions for three employees with different roles and working hours. It details their gross earnings, mandatory deductions, and net pay calculations. Additionally, it outlines specific scenarios for each employee regarding their work schedules and allowances.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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Monthly Basic Pay per Gross Semi-

Employee Daily Rate Total hours worked


Salary hour monthly

Employee 1 30,000 1428.57 178.57 168


Employee 2 15000 576.92 72.12 208
Employee 3 36,000 1714.29 214.29 168

Employee SCENARIOS:
Employee 1 An engineer, works 5 days a week, with 1 hour of overtime on the special holiday, with a monthly salary of P30,0
Employee 2 A cashier, works 6 days a week, and renders 3 hours overtime within the payroll cutoff, she also received a P150
Employee 3 A technician, works 5 days a week, with 3 hours of overtime on the special holiday, with a monthly salary of P36

SSS Philhealth Pag-ibig


325 165 132
Employee 1
Employee 2
Employee 3
Employee 4
For Overtime pay
ordinary Legal

If work during Overtime Total Overtime


holidays (legal,special Pay per working Pay per Total working hours
and etc.) Hour hours Hour

1857.14
216.35
2228.57

pecial holiday, with a monthly salary of P30,000.


n the payroll cutoff, she also received a P150 meal allowance, with a monthly salary of P15,000.
special holiday, with a monthly salary of P36,000.

Monthly rate 20000

days in month 30
rest day 4
working days 26
pay
Special

Overtime Pay Total working


Tardiness Meal Allowance Gross Pay
per Hour hours

232.14 30,232.14
150 15,366.35
835.71 36,836

Pay per hour 178.571428571


O.t pay legal 3 hrs ot

Rate for the day


200% Double pay
O.t
0
Mandatory Deductions

Total Mandatory Taxable


sss Philhealth Pag-ibig Deductions Income

1500 750.00 200 2,450.00 27,782.14


750 375 200 1325 14,041.35
1750 900 200 2850 33,986
Witholding
Net Pay
Tax

1,042.37 26,739.77
0 14,041.35
2,006 31,980
Employee name:

Gross Earnings
Basic Salary 30,000
Overtine Pay 232.14
Transportation Allowance 0
Rice Allowance 0
Total Gross Earnings ₱ 30,232.14

Deductions

SSS Contribution 1500


Pholhealth Contribution 750
Pag-Ibig Fund Contribution 200
Withholding Tax 1,042.37
Total Deductions 3,492.37
Net Earnings ₱ 26,739.77

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