Dive deep into the payroll cost structure for employers in the Philippines, where understanding mandatory contributions is key. Employers are required to contribute to SSS (14% of employee salary, capped at PHP 2,880), PhilHealth (5%, capped at PHP 2,500), and Pag-IBIG (2%). This guide goes beyond basic contributions and explains the 13th Month Pay, an annual bonus of 8.335% of an emp... https://globalsquirrels.com/philippines-payroll-costs-and-calculations/