salary admin

3
SALARY ADMINISTRATION (payroll)

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Post on 17-Feb-2017

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Page 1: Salary admin

SALARY ADMINISTRATION

(payroll)

Page 2: Salary admin

PAYDATE :13th of the MonthCut-off Period: 23rd of previous month up to 6th of current month

28th of the MonthCut-off Period: 7th to 22nd of the month

Note: All gov’t mandated deductions are deducted on the 2nd pay period ( ie. SSS, Pag-IBIG and PhilHealth premiums and Tax ).

For PhilHealth: Availment of the benefits will commence after 9 months of CONSECUTIVE* contribution.

* May include contributions from former employer.

Page 3: Salary admin

BANK CREDITING credited on the morning of the

scheduled pay date. on a Saturday, Sunday, Monday or

a non-working day - credited on the morning after the last working day of the bank.