Annex "A"
COST CONTRACT BREAKDOWN
CEBU GENERAL SERVICES, INC.
RKD Building A. S. Fortuna St., Banilad, Mandaue City
Telefax: (032) 416-3179 -81/344-1623/ 344-3204
SETCONNECT PHILIPPINES [Link].
116 A.C Sanchez St. Zone Paliya,Brgy. Pakna-an, Mandaue City
Contact No.: 0917-1664092
Effective date: August 3, 2018
Position/s Required: WAREHOUSE STAFF No. of Personnel: ___________________
Region VII
Wage Order # 21
Daily Minimum Wage PHP 386.00
Working Days per Month or Year: 6 days /week or 313 days/year
Working Hours per Day: 8 hours per day
A. Amount Directly for Employees:
a.1 Monthly Minimum Wage = (386.00x313/12) 10,068.17
a.2 13th Month Pay = (a.1/12) 839.01
a.3 5 Days Incentive Leave Pay = (386.00x5/12) 160.83
a.4 Disengagement fee = (a.1/12) 839.01
TOTAL DIRECTLY for EMPLOYEE: 11,907.03
B. Amount Payable to Government:
b.1 PAG-IBIG = (fixed contribution) 100.00
b.2 SSS = (based on SSS bracket ) 800.00
b.3 Phil. Health Insurance = (based on Monthly Basic) 138.44
b.4 EC = (fixed rate) 10.00
TOTAL PAYABLE to GOVERNMENT: 1,048.44
C. TOTAL PAYABLE to EMLPOYEE and GOV'T. = (sum of A & B) 12,955.47
D. ADMINISTRATIVE OVERHEAD & MARGIN : = (10% of C) 1,295.55
E. CONTRACT RATE BEFORE EVAT: = (sum of C & D) 14,251.01
F. EVAT 12%: = (12 % of E) 1,710.12
G. CONTRACT MONTHLY RATE PER PERSONNEL: = (sum of E & F) PHP 15,961.14
H. CONTRACT DAILY RATE PER PERSONNEL: = (G/313*12) PHP 611.93
Basis for Overtime Computation:
Daily Minimum Wage + SSS + 10% Admin. Fee + Evat (386.00 + 30.67 + 41.67 + 55.00 = 513.34)
Hourly Overtime Rate: Night Premium Computation per Hour
Regular Overtime = 513.34 x 1.25/8 Reg. Overtime w/ N.P. = 513.34 x 1.25 x .10/8
Sunday Duty = 513.34 x 1.30/8 Sun. Duty w/ N.P. = 513.34 x 1.30 x .10/8
Sunday Overtime = 513.34 x 1.69/8 Sun. Overtime w/ N.P. = 513.34 x 1.69 x .10/8
Special Duty = 513.34 x 1.30/8 Special Duty w/ N.P. = 513.34 x 1.30 x .10/8
Special Overtime = 513.34 x 1.69/8 Special Overtime w/ N.P. = 513.34 x 1.69 x .10/8
Special Sunday Duty = 513.34 x 1.50/8 Special Sunday Duty w/ N.P. = 513.34 x 1.50 x .10/8
Special Sunday Overtime = 513.34 x 1.95/8 Special Sunday Overtime w/ N.P. = 513.34 x 1.95 x .10/8
Legal Holidays Duty = 513.34 x 1.00/8 Legal Holidays w/ N.P. = 513.34 x 2.00 x .10/8
Legal Holidays Overtime = 513.34 x 2.60/8 Legal Holidays Overtime w/ N.P. = 513.34 x 2.60 x .10/8
Legal Holidays Sunday = 513.34 x 2.60/8 Legal Holidays Sunday w/ N.P. = 513.34 x 2.60 x .10/8
Legal Holidays Sunday Overtime = 513.34 x 3.38/8 Legal Holidays Sun. OT w/ N.P. = 513.34 x 3.38 x .10/8
Night Premium = 513.34 x .10/8
Note:
* Paternity Leave, Special Leave Benefits for Women (Section 18. of Magna Carta), Legal Pay and Legal Pay Duty
are subject for billing whenever it is applicable.
* Applicant endorsed by Cebu Gen. Services, Inc. is subject to one month contract price as computed herewith,
if he or she will be hired directly.
* [Link] computation is based on Basic Monthly Income of the Employee.
* SSS computation is based on Gross Monhtly Income of the Employee.
* Pag-ibig is fixed Php100.00
* Legal Holiday Premium/Pay is equivalent to one (1) day contract rate.
* SIL given to all employees who have rendered at least one (1) year of service,whether continues or broken subject for admin fee and E-VAT.
* Ten (10) days cut off Payroll
Prepared by:
Ms. Jennifer A. Duterte
Marketing Staff
Approved by:
Ms. Ma. Farah A. Paran
HR Manager CLIENT'S CONFIRMATION:
Ms. Rose S. Heray _____________________
Finance and Acctg. Manager Signature Over Printed Name
Effective Date:
Mr. Michaelson M. Albarico ____________________
Marketing Manager
