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Salaries

The document summarizes the salaries, employee headcount, and projected payroll expenses for 2023 to 2027 for a company with 5 employee roles. It includes details of monthly and annual salaries, as well as contributions to government mandated funds like SSS, PhilHealth, and HDMF. Salaries are projected to increase by 5% annually from 2024 onwards. Total payroll costs including benefits are forecast to rise from PHP486,000 in 2023 to over PHP1.2 million in 2027.

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pau mejares
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39 views

Salaries

The document summarizes the salaries, employee headcount, and projected payroll expenses for 2023 to 2027 for a company with 5 employee roles. It includes details of monthly and annual salaries, as well as contributions to government mandated funds like SSS, PhilHealth, and HDMF. Salaries are projected to increase by 5% annually from 2024 onwards. Total payroll costs including benefits are forecast to rise from PHP486,000 in 2023 to over PHP1.2 million in 2027.

Uploaded by

pau mejares
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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Employee's title 1st 2nd 3rd 4th 5th

Manager/Owner 1 1 1 1 1
Cashier 1 1 1 2 2
Cook 2 2 3 4 5
Dishwasher 1 1 1 1 1
Total Salaries 5 5 6 7 8

Annual Salary without mon

1
1
2
1
1
total
5% increase annually in salaries starting in 2024

Salary
No. of Employees
1
1
2
1
1
total
Employee's Salaries
Monthly Salary Total Monthly Salary Annual Salary
15, 000.00 15, 000.00 180000
₱ 11,400.00 ₱ 11,400.00 ₱ 136,800.00
₱ 11,400.00 ₱ 11,400.00 ₱ 136,800.00
₱ 11,400.00 ₱ 11,400.00 ₱ 136,800.00
₱ 34,200.00 ₱ 34,200.00 ₱ 410,400.00

Annual Salary without monthly allowance


2023 2024 2025
₱ 90,000.00 ₱ 189,000.00 ₱ 198,450.00
₱ 68,400.00 ₱ 143,640.00 ₱ 150,822.00
#REF! #REF! #REF!
₱ 68,400.00 ₱ 143,640.00 ₱ 150,822.00
₱ 68,400.00 ₱ 143,640.00 ₱ 150,822.00
#REF! #REF! #REF!

Salary Projection with Monthly Salary


Monthly salary Monthly allowance 2023
15, 000.00 ₱ 3,000.00 ₱ 108,000.00
₱ 11,400.00 ₱ 1,500.00 ₱ 77,400.00
₱ 22,800.00 ₱ 1,500.00 ₱ 145,800.00
₱ 11,400.00 ₱ 1,500.00 ₱ 77,400.00
₱ 11,400.00 ₱ 1,500.00 ₱ 77,400.00
₱ 57,000.00 ₱ 9,000.00 ₱ 486,000.00

CONTRIBUTIONS
GSIS
Employee's title EE ER
Manager/Owner ₱ 1,350.00 ₱ 1,800.00
Cashier ₱ 1,026.00 ₱ 1,368.00
Cook ₱ 1,026.00 ₱ 1,368.00
Dishwasher ₱ 1,026.00 ₱ 1,368.00
Total per month ₱ 4,428.00 ₱ 5,904.00
Annual total ₱ 53,136.00 ₱ 70,848.00
9% of the basic salary 12% of the basic salary

₱ 3,150.00 SSS CONTRIBUTIONS


₱ 900.00 Employee's title Monthly Salary
₱ 450.00 Manager/Owner 15, 000.00
Cashier ₱ 11,400.00
Dishwasher ₱ 11,400.00
Cook ₱ 11,400.00
Total Per Month ₱ 49,200.00
Annual total ₱ 590,400.00
ries
13th Month 2023 2024 2025
15, 000.00 ₱ 7,500.00 ₱ 15,750.00 ₱ 16,537.50
₱ 11,400.00 ₱ 5,700.00 ₱ 11,970.00 ₱ 12,568.50
₱ 11,400.00 ₱ 5,700.00 ₱ 23,940.00 ₱ 37,705.50
₱ 11,400.00 ₱ 5,700.00 ₱ 11,970.00 ₱ 12,568.50
₱ 34,200.00 ₱ 24,600.00 ₱ 63,630.00 ₱ 79,380.00

2026 2027
₱ 208,372.50 ₱ 218,791.13
₱ 158,363.10 ₱ 166,281.26
#REF! #REF!
₱ 158,363.10 ₱ 166,281.26
₱ 158,363.10 ₱ 166,281.26
#REF! #REF!

2024 2025 2026 2027


#REF!

ONTRIBUTIONS
PHILHEALTH HDMF
EE ER EE ER
₱ 225.00 ₱ 225.00 ₱ 450.00 ₱ 450.00
₱ 225.00 ₱ 225.00 ₱ 342.00 ₱ 342.00
₱ 225.00 ₱ 225.00 ₱ 342.00 ₱ 342.00
₱ 225.00 ₱ 225.00 ₱ 342.00 ₱ 342.00
₱ 900.00 ₱ 900.00 ₱ 1,476.00 ₱ 1,476.00
₱ 10,800.00 ₱ 10,800.00 ₱ 17,712.00 ₱ 17,712.00
3% of basic salary for ee and er
450 required contribution for 10,000 and above

SSS CONTRIBUTIONS 2023


EE ER TOTAL
₱ 675.00 ₱ 1,425.00 ₱ 2,100.00 ₱ 7,182.00
₱ 517.50 ₱ 1,092.50 ₱ 1,610.00 ₱ 14,364.00
₱ 517.50 ₱ 1,092.50 ₱ 1,610.00 ₱ 7,182.00
₱ 517.50 ₱ 1,092.50 ₱ 1,610.00 ₱ 28,728.00
₱ 2,227.50 ₱ 4,702.50 ₱ 6,930.00
₱ 26,730.00 ₱ 56,430.00 ₱ 83,160.00 2023
₱ 1,350.00
₱ 2,700.00
₱ 1,350.00
₱ 5,400.00

2023
₱ 2,052.00
₱ 4,104.00
₱ 2,052.00
₱ 8,208.00

2023
₱ 4,830.00
₱ 9,660.00
₱ 4,830.00
₱ 19,320.00
2026 2027
₱ 17,364.38 ₱ 18,232.59
₱ 26,393.85 ₱ 27,713.54
₱ 52,787.70 ₱ 69,283.86
₱ 13,196.93 ₱ 13,856.77
₱ 109,742.85 ₱ 129,086.76

Total 2023 2024 2025


₱ 4,500.00 ₱ 4,500.00
₱ 3,528.00 ₱ 3,528.00 ₱ 3,528.00 ₱ 3,528.00
₱ 3,528.00 ₱ 7,056.00 ₱ 7,056.00 ₱ 10,584.00
₱ 3,528.00 ₱ 3,528.00 ₱ 3,528.00 ₱ 3,528.00
₱ 15,084.00 ₱ 14,112.00 ₱ 14,112.00 ₱ 17,640.00
₱ 181,008.00

2024 2025 2026 2027


₱ 7,182.00 ₱ 14,364.00 ₱ 14,364.00
₱ 21,546.00 ₱ 28,728.00 ₱ 35,910.00
₱ 7,182.00 ₱ 7,182.00 ₱ 7,182.00
₱ 35,910.00 ₱ 50,274.00 ₱ 57,456.00

2024 2025 2026 2027


₱ 1,350.00 ₱ 2,700.00 ₱ 2,700.00
₱ 4,050.00 ₱ 5,400.00 ₱ 6,750.00
₱ 1,350.00 ₱ 1,350.00 ₱ 1,350.00
₱ 6,750.00 ₱ 9,450.00 ₱ 10,800.00

2024 2025 2026 2027


₱ 4,104.00 ₱ 4,104.00 ₱ 4,104.00
₱ 6,156.00 ₱ 8,208.00 ₱ 10,260.00
₱ 2,052.00 ₱ 2,052.00 ₱ 2,052.00
₱ 12,312.00 ₱ 14,364.00 ₱ 16,416.00

2024 2025 2026 2027


₱ 4,830.00 ₱ 9,660.00 ₱ 9,660.00
₱ 14,490.00 ₱ 19,320.00 ₱ 24,150.00
₱ 4,830.00 ₱ 4,830.00 ₱ 4,830.00
₱ 24,150.00 ₱ 33,810.00 ₱ 38,640.00
2026 2027

₱ 7,056.00 ₱ 7,056.00
₱ 14,112.00 ₱ 17,640.00
₱ 3,528.00 ₱ 3,528.00
₱ 24,696.00 ₱ 28,224.00

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