PayrollHero’s Philippine payroll platform enables payroll administrators from all over the Philippines to quickly and easily run payroll for their organizations. We get many emails from employees asking how to compute their BIR taxes or if their taxes have been calculated correctly. Here is a quick example of how it works and how you can double check your Philippine payroll numbers.
The New Leaf Ventures Team is running a PayrollHero Unwrapped event in Cebu, Philippines on May 10th 2014. If you are interested in learning more about PayrollHero in a face to face environment then be sure to come by.
Date: May 10, 2014
Time: 1:30 to 3:30 PM
Venue: The Coffee Bean & Tea Leaf; Level 4 New Wing, Ayala Center, Cebu City
—
Check out what Walden Chu, President of The Coffee Bean and Tea Leaf Philippines has to say about PayrollHero’s Philippine Payroll platform.
Walden Chu, President of The Coffee Bean and Tea Leaf Philippines (CBTL) speaks at the CBTL Global Owners Conference about his experience with PayrollHero.
PayrollHero continues to grow. Recently we refreshed PayrollHero.com, our website dedicated to time, attendance, scheduling, HRIS and analytics for companies based anywhere in the world.
Today we are launching PayrollHero.ph, a website built specifically for the Philippine market that explains how PayrollHero’s Philippine payroll platform works.
You can see lots of detail about how our Philippine payroll platform works, example payslips, how the time and attendance platform works seamlessly with the Philippine payroll platform.
Great news!
We’ve just released a new pay mode setting called “Salary”. This feature can be used for your employees who don’t clock in/out on the system but are still part of your payroll, meaning, you can still generate payroll without clocking in/out or resolving attendance.
How this feature works – the system pays the employees their salary for a specific pay period without any lates and overtime.
To summarize our pay mode features, here’s a table of what we have on the system:
* If attendance has not been published, a notification would show up and say that “Sorry we can’t generate your payroll until all work days have been published. Please publish the needed attendance.”
** If they need deductions or additional pay, you can create specific “payments” on their employee profile.
So if you currently have clients who are paid a “Salary” here’s how you can edit the pay mode.
Interested in signing up for PayrollHero? Signup online.
Our partner at New Leaf Ventures in Manila, Philippines is having a PayrollHero Unwrapped event. This is a fantastic way to get a hands on look at how PayrollHero works and what it can do for your business. From their website:
We’re unwrapping PayrollHero for you! Learn how this simple and easy-to-use software can help transform your business!
PayrollHero is a Time, Attendance, Scheduling, HRIS and Payroll app that is built for web and mobile.
Employees can clock in/out using facial recognition technology, giving “accuracy” a whole new meaning.
Scheduling, as well as viewing schedules, is as convenient as a single click.
Payroll computation is exact as it is built for the Philippines. You don’t have to worry about computing different types of pays– be it Night Time Differential, Holiday pay, Double shifts etc.
You will also have access to a set of analytics that will help you make important decisions for your business.
The best thing? Everything is in real-time. Space is limited, Register Now!
Here are some of the most frequently asked questions that our client happiness team gets asked about Philippine payroll.
What are the leave benefits that an employee is entitled to under existing laws?
How to compute Lates/Tardiness and absences
What do you mean by total working days per year?
How to compute the 13th month pay?
What are the legal non taxable allowance?
How to compute Philippine BIR taxes.
Are minimum wage earners exempt from paying income tax?
How much is the minimum wage in Metro Manila?
How to compute for Night Differential?
How to compute Holiday, Rest day pay?
How much is my SSS, Philhealth, and HDMF (Pag-Ibig) deductions?
How do I compute my hourly rate?
How do I compute my Daily rate?
Why do business in the Philippines, here is a quick video on the topic:
The weather in Southeast Asia plays havoc with businesses, but specifically with restaurants and retail businesses every rainy season. It is common that businesses don’t open, close down early or operate with less staff than required. Today is no exception in the Philippines.
A weather storm has been on its way towards the Philippines for the last couple of days and as government, businesses and citizens prepare to deal with the consequences of the storm (read: massive flooding) I wanted to take a moment and share how PayrollHero is working to use data to help businesses cope with challenging weather systems.
As an example, take these three restaurants that are side by side in Fort Bonifacio; Da.u.de, TokyoTokyo and Wildflour. The first 2 are closed and Wildflour is open but closing early.
Now there are many reasons why businesses close during storms. Staff can’t make it to work, staff need to deal with issues at home, road flooding, Government advisory, etc. While it is good to keep that in mind, what I’m referring to here is using data within a restaurant or retail business to better understand your staffing needs.
Wildflour is quite busy today (which is normal for them) but if you look at the options for people who want food in their specific area, they are the only choice because they were the only one open today. They are closing early, which the manager said was because they wanted to give the staff enough time to get home as many come from far distances.
What is the cost of being closed on a day like this? two days? three?
If you could find a way to be open, what is the profit? especially if your competition is closed?
So what does this have to do with PayrollHero?
When we first built PayrollHero we saw the trend of how weather effects employees time and attendance as well as how employee commute distance effects their time and attendance. We decided that we could use data and see if we could track the correlation between those items and employee attendance.
Within every PayrollHero account there is an “Analytics” tab (beta) that shows management as well as employees how their time and attendance stacks up against their colleagues. But one part of the analytics is built specifically for situations like this.
Weather
PayrollHero pulls in the weather for your office location and showcases it against employee time and attendance. The idea is to give you an accurate idea of how weather effects your business. Here are a couple examples:
As we continue to expand on the data, the idea is that PayrollHero can help you anticipate how the upcoming weather will effect your workforce as well as enable employees to make travel decisions based on the weather.
Imagine if you could call extra workers in to replace workers who have not even called in to say they can’t make it to work.
Commute Distance
The other data set we work with is the employees commute distance. PayrollHero knows where the employee lives, as we need that data for payroll, but we use that data to correlate how far away an employee lives from their place of work and how that distance effects their time and attendance.
Employers and employees can see the data and the idea is to help them both make better decisions on where to live, where to work, etc.
There are many companies in Southeast Asia that pay a proximity bonus to employees who live closer to work as the employer knows that the closer they live, the less likely they are to miss work due to traffic, weather, etc. In PayrollHero, we show this data to help everyone make better decisions on where to work and where to live.
Imagine you knew a storm was coming in and you could contact workers who live close to work to take the shifts so that you can stay open, keep your employee safe (ie. they don’t have to try and commute via flooded streets) and profit when others are closed!
Interested to learn more? Contact us as we would be pleased to setup a personal demo of PayrollHero. (signup here for a free, no obligation personal demo)
#StaySafe
Pavan Challa, Co-Founder of FourEyes.com.ph takes a moment to talk about his experience with PayrollHero for his Philippine based company. Four Eyes is the first online eyewear store in the Philippines and was in need of a time, attendance, scheduling and Philippine payroll solution for their growing business.
Payroll in the Philippines can be a difficult thing to manage. But with PayrollHero’s Philippine payroll platform, the job of resolving attendance, handling schedules and running payroll just became much easier. Check out this new video explaining how PayrollHero can help your Philippine business.