Hi Sweldista Experts,
I just want you yo know that this site is really helpful to all employees here in the Philippines, thank you so much for creating this wonderful, beneficial network =)
In line with this, Please help me compute for the scenario of payroll I am going to share below:
Scenario A:
Employee A monthly rate is Php15,000 and then paid sa payroll semi monthly.
However, ng set man ng change sa payroll period and this coming Feb15th payroll ay 10 days lang ang ma credit sa payroll (Feb. 1-10, 2013 period).
How do i compute for the basic pay for this payroll period?
is this a correct computation:
7,500 (semi monthly payroll)
(7,500/20*10) -for Feb. 1-10, 2013 days computation
Basic rate =Php5,000.00???
your help is muchly appreciated.
thank you in advance and regards!
maggy |