Payroll Problem:
ABC Company has the following employees in their accounting department. The company pays every 10th and 25th of the month. The salary paid every 10th, covers 26th of the previous month up to 10th day of the current month. The salary paid every 25th covers the 11th day of the current month up to 25th day of the current month.
NameMonthly Salary RateAccounting Staff 1₱25,500.00Accounting Staff 2 26,800.00Accounting Supervisor 42,500.00Accounting Manager 60,000.00
Additional Information:
HDMF is deducted from the employees on the second half of the month. Philhealth is deducted on the first half, while SSS is deducted every 10th and 25th.
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