COST OF SALARY AND BENEFITS FOR WORKERS (in one year)

Sources:
http://www.journeytomillions.com/sss-philhealth-pag-ibig
http://joblisting45.blogspot.com/2012/03/6-basic-employee-benefits-in.html
http://www.pinoymoneytalk.com/2014-how-to-use-sss-premiums-table/

JOB

NO. OF
WORKERS

ADDITIONAL PAYMENT

SALARY

PURPOSE

Agricultural
engineer

Tractor drivers

Cashier

Saleslady

Security guard

Peeler/thresher
operator/laborers
Dryer
operator/laborer
Harvester
operator

Other benefits:

3
2
2

P9,000 x 12
P108,000
P4,500 x 12
P54,000
P4,500 x 12
P54,000
P4,500 x 12
P54,000
P6,000 x 12
P72,000
P4,500 x 12
P54,000
P4,500 x 12
P54,000
P4,500 x 12
P54,000

=
=
=
=
=
=
=
=

13th month
pay
13th month
pay
13th month
pay
13th month
pay
13th month
pay
13th month
pay
13th month
pay
13th month
pay

COST
(should be > or =
1/12 of the total
basic salary of the
employee)
P9,000
P4.500
P4,500
P4,500
P6,000
P4,500
P4,500
P4,500

ADDITIONAL PAYMENT
PURPOSE

SSS + Pag-IBIG fund

PhilHealth
SSS + Pag-IBIG fund
PhilHealth
SSS + Pag-IBIG fund
PhilHealth
SSS + Pag-IBIG fund
PhilHealth
SSS + Pag-IBIG fund
PhilHealth
SSS + Pag-IBIG fund
PhilHealth
SSS + Pag-IBIG fund
PhilHealth
SSS + Pag-IBIG fund
PhilHealth

TOTAL COST
COST

+
+
+
+
+
+
+
+

P990 + P100 + P150 = P1.240 x 12

= P14,880
P495 + P100 + P150 = P745 x 12 =
P5,940
P495 + P100 + P150 = P745 x 12 =
P5,940
P495 + P100 + P150 = P745 x 12 =
P5,940
P660 + P100 + P150 = P910 x 12 =
P10,920
P495 + P100 + P150 = P745 x 12 =
P5,940
P495 + P100 + P150 = P745 x 12 =
P5,940
P495 + P100 + P150 = P745 x 12 =
P5,940

P131,880
P64,440 x 2 =
P128,880
P64,440
P64,440
P88,920 x 2 =
P177,840
P64,440 x 3 =
P193,320
P64,440 x 2 =
P128,880
P64,440 x 2 =
P128,880
Total cost:P1,018,560

Maternity/Paternity leave