Introduction In the Philippines, HR managers and employees often confuse final pay with separation pay. While both involve payments to an employee leaving the company, they serve different purposes and follow differentRead More…
Introduction One of the most sensitive tasks for HR and payroll teams in the Philippines is computing the final pay of an employee who has resigned, retired, or been terminated. Errors orRead More…
Introduction For small and medium enterprises (SMEs) in the Philippines, payroll compliance isn’t just about paying employees on time. It’s about following strict rules set by DOLE, BIR, SSS, PhilHealth, and Pag-IBIG.Read More…
Introduction Every year, the government updates contribution rates for SSS (Social Security System), PhilHealth, and Pag-IBIG Fund. For HR and payroll teams, keeping up with these changes is critical to ensure compliance,Read More…
Introduction Every year, HR professionals and payroll officers across the Philippines face the same challenge: ensuring the accurate computation of the 13th month pay. This benefit is not only mandated by lawRead More…
Introduction Managing payroll is a critical aspect of running a business, and having an efficient payroll system in place can bring numerous benefits. A payroll system automates the process of calculating andRead More…
Introduction Managing employee payroll is a critical function for businesses of all sizes. A payroll system simplifies the complex process of calculating and disbursing employee salaries, taxes, and benefits. In this article,Read More…
With the end of the year fast approaching, one of the goals of any company is to ensure that its employees pay the right amount of taxes to the Bureau of InternalRead More…
Introducing the new Tax Table for 2018 With the new Tax Reform Program for 2018, a new set of tax tables will take effect starting on January 1, 2018. With the newRead More…
New Philhealth Contributions Effective January 2018 Philhealth has just announced that effective January 2018 onwards, the monthly premium contributions shall be at the rate of 2.75% computed straight based on the monthlyRead More…