How to Compute Salaries, Wages, and Benefits

Business Seminars by BusinessCoach, Inc., Philippines » Human Resource Management and Training » How to Compute Salaries, Wages, and Benefits

How to Compute Salaries, Wages, and Benefits

About the Seminar

Overview

Computing salaries and wages has now become more complicated than ever. It is essential for those tasked with this function to know the correct way so as to avoid labor problems and future liabilities.

Objective

• To know the proper way of computing salaries, wages, and benefits.

Who Should Participate

• Those in charge of computing the payroll
• Business owners
• Those new to HR

Key Topics

I. Government-Mandated Benefits
 
a. Institutional
 
1. Social Security System (SSS)

• Membership
• Contribution Schedule
• Benefits (Loan, Sickness, Disability, Pension)
• Remittance (Contribution & Loans)

2. Philippine Health Insurance Corporation (Philhealth)

• Membership
• Contribution Schedule
• Hospitalization Claims / Benefits
• Remittance (Contribution)

3. Home Development Mutual Fund (Pag-ibig)

• Membership
• Contribution Schedule
• Benefits (Housing Loan and Multi-Purpose Loan)
• Remittance (Contribution & Loans)

b. Personal/Individual
 
1. 13th Month Pay
 
2. Paternity and Maternity Leave
 
3. Overtime and Premium Pay
 
4. Service Incentive Leave
 
5. Withholding tax
 
II. Company-Initiated Benefits
 
a. Leaves (e.g., Vacation, Sick, Emergency)
b. Performance-Based Increase
c. Bonuses (Quarterly, Mid-year)
d. Offsetting and Undertime
e. Allowances (e.g, Meal, Transportation, etc.)
f. Loans (e.g. Financial, Car or Housing Loan)
 
III. Withholding Tax
 
IV. Application of Wage Distortion
 
V. Sample Policies
 
VI. Workshop
 
Note: Please bring calculator

Schedule: Click to view BusinessCoach Seminar Schedule

Time

9:00 am – 4:00 pm

Venue

Unit 201 Richbelt Tower, 17 Annapolis St., Greenhills, San Juan City, Metro Manila
 

Registration Details

Seminar Fee

Php 3,000.00 per person (inclusive of snacks, lunch, seminar kit, handouts, certificate of attendance)

Discount

10% Discount if FULL AMOUNT is paid at least five (5) days before the event.

Reservation

Please call to register, or you may download our registration form. Kindly fill-out, and send to us through fax (727.88.60) or email. You will receive a confirmation within 48 hours.

Mode of Payment

• Deposit payment at Banco de Oro, Savings Account Name: BusinessCoach, Inc. Then kindly fax deposit slip (indicate name of participant and seminar title) to confirm reservation.
• On-site payment (CASH only)
• Company checks are accepted, provided that they are received at least five (5) banking days before the event.

Cancellation by Attendee

Registrant may refund amount paid, with less 30% processing charge from the LISTED AMOUNT within 30 days, or opt to use the payment for a seminar of equal value within 60 days. Cancellation must be done at least 2 days before the event. Non-appearance or failure to inform us of cancellation will result to forfeiture of full amount paid.

Cancellation by BusinessCoach, Inc.

Registrant may refund full amount paid within 30 days, or may opt to use the payment for a seminar of equal value within sixty days of cancellation.

Refund Policy

Payment may be refunded upon presentation of the original copy of bank deposit slip and a valid ID. Cash refund is strictly implemented, and may be availed only at the BusinessCoach, Inc. office in San Juan City, Metro Manila. BusinessCoach, Inc. does not deposit refunds.

Note

Schedule may change without prior notice. Please call to confirm. BusinessCoach, Inc. is not liable for any expense incurred by seminar registrant resulting from cancellation of any of our events.

Contact Details

Contact Numbers

Please call (632) 727.56.28, (632) 496.69.49, or (632) 727.88.60

or call/text mobile numbers 0915.205.0133 / 0908.342.3162 / 0926.622.0768 / 0933.584.7266

Inquiries

For other inquiries, you may also leave a message in our contact form.

Testimonials

 

• “For me that hate computations, it made me more confident in making calculations and gave me a broader and detailed info.”- B. Arabe
• “The seminar is very helpful. The speaker was able to answer most of the questions. He was very accomodating and knowledgeable.” – M. Ramirez
• “It is a very good topic, I have learned a lot. Hope this kind of topic is also being taught in schools!” – E. Belen
• “I find it very informative. The speaker is very well versed and experienced.” – M. Batol
• “The seminar is very informative. Before I attended, my knowledge is very limited. I can recommend this seminar to others.” – C. Sotelo
• “Thank you for holding a training like this. Now I will be able to compute my own salary, and share the same to my co-HR staffs.” – S. Manarin
• “The speaker is very knowledgeable with regards to the topic. Good job.” – E. Luna
• “The topics covered were sufficient to equip an HR specialist with the necessary skills to handle compensation.” – E. Monge
• “I learned a lot today. Specifically, it refreshed my knowledge in preparation of payroll and its components.” – M. Abis

Must Read! Related Article: Computing Employees’ Salaries, Wages, Benefits and the 13th Month Pay »

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Testimonials

Exciting discussions! Excellent Speaker! (Basic Supervisory Skills Training)

Demi Dela Pasion, Directory Products and Services Corp.

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