This document is a 5-year projection of payroll and employer contribution payables for Geontees Company. It shows the yearly salaries, monthly salaries, employee and employer contribution amounts to SSS, Pag-IBIG, and PhilHealth for administration staff, production staff, and indirect labor for the years 2022 to 2024. The total yearly salary expense and total monthly payables are calculated at the bottom of each year.

1. 139
GEONTEES COMPANY
SCHEDULE OF PAYROLL / EMPLOYER CONTRIBUTIONS PAYABLES
5-year projection
In Philippines Pesos
Year 2022
Positions
GROSS YEARLY TOTAL GROSS Total Employee
Contribution
NET PAY
Monthly
EMPLOYEE CONTRIBUTION EMPLOYER CONTRIBUTION Total Payable
- Contribution
13th Month
Pay
MONTHLY INCREASE SALARY
SSS PAGIBIG PHILHEALTH (2%) TOTAL SSS ECC PAGIBIG PHILHEALTH (2%) TOTAL
ADMIN
General Manager 15,600.00 - 15,600.00 1,109.50 14,490.50 697.50 100.00 312.00 1,109.50 1,317.50 30.00 100.00 312.00 1,759.50 2,869.00 15,600.00
Finance Officer 14,300.00 - 14,300.00 1,016.00 13,284.00 630.00 100.00 286.00 1,016.00 1,190.00 10.00 100.00 286.00 1,586.00 2,602.00 14,300.00
Subtotal Monthly 29,900.00 - 29,900.00 2,125.50 27,774.50 1,327.50 200.00 598.00 2,125.50 2,507.50 40.00 200.00 598.00 3,345.50 5,471.00 29,900.00
Subtotal Yearly 358,800.00 - 358,800.00 25,506.00 333,294.00 15,930.00 2,400.00 7,176.00 25,506.00 30,090.00 480.00 2,400.00 7,176.00 40,146.00 65,652.00 358,800.00
PRODUCTION
Direct Labor
Production Worker 1 10,920.00 - 10,920.00 790.90 10,129.10 472.50 100.00 218.40 790.90 892.50 10.00 100.00 218.40 1,220.90 2,011.80 10,920.00
Production Worker 2 10,920.00 - 10,920.00 790.90 10,129.10 472.50 100.00 218.40 790.90 892.50 10.00 100.00 218.40 1,220.90 2,011.80 10,920.00
Production Worker 3 10,920.00 - 10,920.00 790.90 10,129.10 472.50 100.00 218.40 790.90 892.50 10.00 100.00 218.40 1,220.90 2,011.80 10,920.00
Subtotal Monthly 32,760.00 - 32,760.00 2,372.70 30,387.30 1,417.50 300.00 655.20 2,372.70 2,677.50 30.00 300.00 655.20 3,662.70 6,035.40 32,760.00
Subtotal Yearly 393,120.00 - 393,120.00 28,472.40 364,647.60 17,010.00 3,600.00 7,862.40 28,472.40 32,130.00 360.00 3,600.00 7,862.40 43,952.40 72,424.80 393,120.00
-
Indirect Labor -
Production Manager 13,000.00 - 13,000.00 945.00 12,055.00 585.00 100.00 260.00 945.00 1,105.00 10.00 100.00 260.00 1,475.00 2,420.00 13,000.00
Sales Representative 10,920.00 - 10,920.00 790.90 10,129.10 472.50 100.00 218.40 790.90 892.50 10.00 100.00 218.40 1,220.90 2,011.80 10,920.00
Subtotal Monthly 23,920.00 - 23,920.00 1,735.90 22,184.10 1,057.50 200.00 478.40 1,735.90 1,997.50 20.00 200.00 478.40 2,695.90 4,431.80 23,920.00
Subtotal Yearly 287,040.00 - 287,040.00 20,830.80 266,209.20 12,690.00 2,400.00 5,740.80 20,830.80 23,970.00 240.00 2,400.00 5,740.80 32,350.80 53,181.60 287,040.00
TOTAL Salary Expense (Yearly) 1,038,960.00 45,630.00 8,400.00 20,779.20 74,809.20 86,190.00 1,080.00 8,400.00 20,779.20 116,449.20 191,258.40 1,038,960.00

2. 140
Year 2023
Positions
GROSS YEARLY TOTAL GROSS Total Employee
Contribution
NET PAY
Monthly
EMPLOYEE CONTRIBUTION EMPLOYER CONTRIBUTION
Total Payable
13th Month
Pay
MONTHLY INCREASE SALARY
SSS PAGIBIG PHILHEALTH (2%) TOTAL SSS ECC PAGIBIG PHILHEALTH (2%) TOTAL
ADMIN
General Manager 15,600.00 500.00 16,100.00 1,182.25 14,917.75 720.00 100.00 362.25 1,182.25 1,360.00 30.00 100.00 362.25 1,852.25 3,034.50 16,100.00
Finance Officer 14,300.00 500.00 14,800.00 1,085.50 13,714.50 652.50 100.00 333.00 1,085.50 1,232.50 10.00 100.00 333.00 1,675.50 2,761.00 14,800.00
Subtotal Monthly 29,900.00 1,000.00 30,900.00 2,267.75 28,632.25 1,372.50 200.00 695.25 2,267.75 2,592.50 40.00 200.00 695.25 3,527.75 5,795.50 30,900.00
Subtotal Yearly 358,800.00 12,000.00 370,800.00 27,213.00 343,587.00 16,470.00 2,400.00 8,343.00 27,213.00 31,110.00 480.00 2,400.00 8,343.00 42,333.00 69,546.00 370,800.00
PRODUCTION
Direct Labor
Production Worker 1 10,920.00 500.00 11,420.00 851.95 10,568.05 495.00 100.00 256.95 851.95 935.00 10.00 100.00 256.95 1,301.95 2,153.90 11,420.00
Production Worker 2 10,920.00 500.00 11,420.00 851.95 10,568.05 495.00 100.00 256.95 851.95 935.00 10.00 100.00 256.95 1,301.95 2,153.90 11,420.00
Production Worker 3 10,920.00 500.00 11,420.00 851.95 10,568.05 495.00 100.00 256.95 851.95 935.00 10.00 100.00 256.95 1,301.95 2,153.90 11,420.00
Subtotal Monthly 32,760.00 1,500.00 34,260.00 2,555.85 31,704.15 1,485.00 300.00 770.85 2,555.85 2,805.00 30.00 300.00 770.85 3,905.85 6,461.70 34,260.00
Subtotal Yearly 393,120.00 18,000.00 411,120.00 30,670.20 380,449.80 17,820.00 3,600.00 9,250.20 30,670.20 33,660.00 360.00 3,600.00 9,250.20 46,870.20 77,540.40 411,120.00
-
Indirect Labor -
Production Manager 13,000.00 500.00 13,500.00 1,011.25 12,488.75 607.50 100.00 303.75 1,011.25 1,147.50 10.00 100.00 303.75 1,561.25 2,572.50 13,500.00
Sales Representative 10,920.00 500.00 11,420.00 851.95 10,568.05 495.00 100.00 256.95 851.95 935.00 10.00 100.00 256.95 1,301.95 2,153.90 11,420.00
Subtotal Monthly 23,920.00 500.00 24,920.00 1,863.20 23,056.80 1,102.50 200.00 560.70 1,863.20 2,082.50 20.00 200.00 560.70 2,863.20 4,726.40 24,920.00
Subtotal Yearly 287,040.00 6,000.00 299,040.00 22,358.40 276,681.60 13,230.00 2,400.00 6,728.40 22,358.40 24,990.00 240.00 2,400.00 6,728.40 34,358.40 56,716.80 299,040.00
TOTAL Salary Expense (Yearly) 1,080,960.00 47,520.00 8,400.00 24,321.60 80,241.60 89,760.00 1,080.00 8,400.00 24,321.60 123,561.60 203,803.20 1,080,960.00
Year 2024
Positions
GROSS YEARLY TOTAL GROSS Total Employee
Contribution
NET PAY
Monthly
EMPLOYEE CONTRIBUTION EMPLOYER CONTRIBUTION
Total Payable
13th Month
Pay
MONTHLY INCREASE SALARY
SSS PAGIBIG PHILHEALTH (2%) TOTAL SSS ECC PAGIBIG PHILHEALTH (2%) TOTAL
ADMIN
General Manager 16,100.00 500.00 16,600.00 1,257.50 15,342.50 742.50 100.00 415.00 1,257.50 1,402.50 30.00 100.00 415.00 1,947.50 3,205.00 16,600.00
Finance Officer 14,800.00 500.00 15,300.00 1,157.50 14,142.50 675.00 100.00 382.50 1,157.50 1,275.00 10.00 100.00 382.50 1,767.50 2,925.00 15,300.00
Subtotal Monthly 30,900.00 1,000.00 31,900.00 2,415.00 29,485.00 1,417.50 200.00 797.50 2,415.00 2,677.50 40.00 200.00 797.50 3,715.00 6,130.00 31,900.00
Subtotal Yearly 370,800.00 12,000.00 382,800.00 28,980.00 353,820.00 17,010.00 2,400.00 9,570.00 28,980.00 32,130.00 480.00 2,400.00 9,570.00 44,580.00 73,560.00 382,800.00
PRODUCTION
Direct Labor
Production Worker 1 11,420.00 500.00 11,920.00 915.50 11,004.50 517.50 100.00 298.00 915.50 977.50 10.00 100.00 298.00 1,385.50 2,301.00 11,920.00
Production Worker 2 11,420.00 500.00 11,920.00 915.50 11,004.50 517.50 100.00 298.00 915.50 977.50 10.00 100.00 298.00 1,385.50 2,301.00 11,920.00
Production Worker 3 11,420.00 500.00 11,920.00 915.50 11,004.50 517.50 100.00 298.00 915.50 977.50 10.00 100.00 298.00 1,385.50 2,301.00 11,920.00
Production Worker 4 11,920.00 915.50 11,004.50 517.50 100.00 298.00 915.50 977.50 10.00 100.00 298.00 1,385.50 2,301.00 11,920.00
Production Worker 5 11,920.00 915.50 11,004.50 517.50 100.00 298.00 915.50 977.50 10.00 100.00 298.00 1,385.50 2,301.00 11,920.00
Subtotal Monthly 34,260.00 1,500.00 59,600.00 4,577.50 55,022.50 2,587.50 500.00 1,490.00 4,577.50 4,887.50 50.00 500.00 1,490.00 6,927.50 11,505.00 59,600.00
Subtotal Yearly 411,120.00 18,000.00 715,200.00 54,930.00 660,270.00 31,050.00 6,000.00 17,880.00 54,930.00 58,650.00 600.00 6,000.00 17,880.00 83,130.00 138,060.00 715,200.00
-
Indirect Labor -
Production Manager 13,500.00 500.00 14,000.00 1,080.00 12,920.00 630.00 100.00 350.00 1,080.00 1,190.00 10.00 100.00 350.00 1,650.00 2,730.00 14,000.00
Sales Representative 11,420.00 500.00 11,920.00 915.50 11,004.50 517.50 100.00 298.00 915.50 977.50 10.00 100.00 298.00 1,385.50 2,301.00 11,920.00
Subtotal Monthly 24,920.00 500.00 25,920.00 1,995.50 23,924.50 1,147.50 200.00 648.00 1,995.50 2,167.50 20.00 200.00 648.00 3,035.50 5,031.00 25,920.00
Subtotal Yearly 299,040.00 6,000.00 311,040.00 23,946.00 287,094.00 13,770.00 2,400.00 7,776.00 23,946.00 26,010.00 240.00 2,400.00 7,776.00 36,426.00 60,372.00 311,040.00
TOTAL Salary Expense (Yearly) 1,409,040.00 61,830.00 10,800.00 35,226.00 107,856.00 116,790.00 1,320.00 10,800.00 35,226.00 164,136.00 271,992.00 1,409,040.00

3. 141
Year 2025
Positions
GROSS YEARLY TOTAL GROSS Total Employee
Contribution
NET PAY
Monthly
EMPLOYEE CONTRIBUTION EMPLOYER CONTRIBUTION
Total Payable
13th Month
Pay
MONTHLY INCREASE SALARY
SSS PAGIBIG PHILHEALTH (2%) TOTAL SSS ECC PAGIBIG PHILHEALTH (2%) TOTAL
ADMIN
General Manager 16,600.00 500.00 17,100.00 1,292.50 15,807.50 765.00 100.00 427.50 1,292.50 1,445.00 30.00 100.00 427.50 2,002.50 3,295.00 17,100.00
Finance Officer 15,300.00 500.00 15,800.00 1,192.50 14,607.50 697.50 100.00 395.00 1,192.50 1,317.50 10.00 100.00 395.00 1,822.50 3,015.00 15,800.00
Subtotal Monthly 31,900.00 1,000.00 32,900.00 2,485.00 30,415.00 1,462.50 200.00 822.50 2,485.00 2,762.50 40.00 200.00 822.50 3,825.00 6,310.00 32,900.00
Subtotal Yearly 382,800.00 12,000.00 394,800.00 29,820.00 364,980.00 17,550.00 2,400.00 9,870.00 29,820.00 33,150.00 480.00 2,400.00 9,870.00 45,900.00 75,720.00 394,800.00
PRODUCTION
Direct Labor
Production Worker 1 11,920.00 500.00 12,420.00 950.50 11,469.50 540.00 100.00 310.50 950.50 1,020.00 10.00 100.00 310.50 1,440.50 2,391.00 12,420.00
Production Worker 2 11,920.00 500.00 12,420.00 950.50 11,469.50 540.00 100.00 310.50 950.50 1,020.00 10.00 100.00 310.50 1,440.50 2,391.00 12,420.00
Production Worker 3 11,920.00 500.00 12,420.00 950.50 11,469.50 540.00 100.00 310.50 950.50 1,020.00 10.00 100.00 310.50 1,440.50 2,391.00 12,420.00
Production Worker 4 11,920.00 500.00 12,420.00 950.50 11,469.50 540.00 100.00 310.50 950.50 1,020.00 10.00 100.00 310.50 1,440.50 2,391.00 12,420.00
Production Worker 5 11,920.00 500.00 12,420.00 950.50 11,469.50 540.00 100.00 310.50 950.50 1,020.00 10.00 100.00 310.50 1,440.50 2,391.00 12,420.00
Subtotal Monthly 59,600.00 2,500.00 62,100.00 4,752.50 57,347.50 2,700.00 500.00 1,552.50 4,752.50 5,100.00 50.00 500.00 1,552.50 7,202.50 11,955.00 62,100.00
Subtotal Yearly 715,200.00 30,000.00 745,200.00 57,030.00 688,170.00 32,400.00 6,000.00 18,630.00 57,030.00 61,200.00 600.00 6,000.00 18,630.00 86,430.00 143,460.00 745,200.00
-
Indirect Labor -
Production Manager 14,000.00 500.00 14,500.00 1,115.00 13,385.00 652.50 100.00 362.50 1,115.00 1,232.50 10.00 100.00 362.50 1,705.00 2,820.00 14,500.00
Sales Representative 11,920.00 500.00 12,420.00 950.50 11,469.50 540.00 100.00 310.50 950.50 1,020.00 10.00 100.00 310.50 1,440.50 2,391.00 12,420.00
Subtotal Monthly 25,920.00 500.00 26,920.00 2,065.50 24,854.50 1,192.50 200.00 673.00 2,065.50 2,252.50 20.00 200.00 673.00 3,145.50 5,211.00 26,920.00
Subtotal Yearly 311,040.00 6,000.00 323,040.00 24,786.00 298,254.00 14,310.00 2,400.00 8,076.00 24,786.00 27,030.00 240.00 2,400.00 8,076.00 37,746.00 62,532.00 323,040.00
TOTAL Salary Expense (Yearly) 1,463,040.00 64,260.00 10,800.00 36,576.00 111,636.00 121,380.00 1,320.00 10,800.00 36,576.00 170,076.00 281,712.00 1,463,040.00
Year 2026
Positions
GROSS YEARLY TOTAL GROSS Total Employee
Contribution
NET PAY
Monthly
EMPLOYEE CONTRIBUTION EMPLOYER CONTRIBUTION
Total Payable
13th Month
Pay
MONTHLY INCREASE SALARY
SSS PAGIBIG PHILHEALTH (2%) TOTAL SSS ECC PAGIBIG PHILHEALTH (2%) TOTAL
ADMIN
General Manager 17,100.00 500.00 17,600.00 1,327.50 16,272.50 787.50 100.00 440.00 1,327.50 1,487.50 30.00 100.00 440.00 2,057.50 3,385.00 17,600.00
Finance Officer 15,800.00 500.00 16,300.00 1,227.50 15,072.50 720.00 100.00 407.50 1,227.50 1,360.00 10.00 100.00 407.50 1,877.50 3,105.00 16,300.00
Subtotal Monthly 32,900.00 1,000.00 33,900.00 2,555.00 31,345.00 1,507.50 200.00 847.50 2,555.00 2,847.50 40.00 200.00 847.50 3,935.00 6,490.00 33,900.00
Subtotal Yearly 394,800.00 12,000.00 406,800.00 30,660.00 376,140.00 18,090.00 2,400.00 10,170.00 30,660.00 34,170.00 480.00 2,400.00 10,170.00 47,220.00 77,880.00 406,800.00
PRODUCTION
Direct Labor
Production Worker 1 12,420.00 500.00 12,920.00 985.50 11,934.50 562.50 100.00 323.00 985.50 1,062.50 10.00 100.00 323.00 1,495.50 2,481.00 12,920.00
Production Worker 2 12,420.00 500.00 12,920.00 985.50 11,934.50 562.50 100.00 323.00 985.50 1,062.50 10.00 100.00 323.00 1,495.50 2,481.00 12,920.00
Production Worker 3 12,420.00 500.00 12,920.00 985.50 11,934.50 562.50 100.00 323.00 985.50 1,062.50 10.00 100.00 323.00 1,495.50 2,481.00 12,920.00
Production Worker 4 12,420.00 500.00 12,920.00 985.50 11,934.50 562.50 100.00 323.00 985.50 1,062.50 10.00 100.00 323.00 1,495.50 2,481.00 12,920.00
Production Worker 5 12,420.00 500.00 12,920.00 985.50 11,934.50 562.50 100.00 323.00 985.50 1,062.50 10.00 100.00 323.00 1,495.50 2,481.00 12,920.00
Subtotal Monthly 62,100.00 2,500.00 64,600.00 4,927.50 59,672.50 2,812.50 500.00 1,615.00 4,927.50 5,312.50 50.00 500.00 1,615.00 7,477.50 12,405.00 64,600.00
Subtotal Yearly 745,200.00 30,000.00 775,200.00 59,130.00 716,070.00 33,750.00 6,000.00 19,380.00 59,130.00 63,750.00 600.00 6,000.00 19,380.00 89,730.00 148,860.00 775,200.00
-
Indirect Labor -
Production Manager 14,500.00 500.00 15,000.00 1,150.00 13,850.00 675.00 100.00 375.00 1,150.00 1,275.00 10.00 100.00 375.00 1,760.00 2,910.00 15,000.00
Sales Representative 12,420.00 500.00 12,920.00 985.50 11,934.50 562.50 100.00 323.00 985.50 1,062.50 10.00 100.00 323.00 1,495.50 2,481.00 12,920.00
Subtotal Monthly 26,920.00 500.00 27,920.00 2,135.50 25,784.50 1,237.50 200.00 698.00 2,135.50 2,337.50 20.00 200.00 698.00 3,255.50 5,391.00 27,920.00
Subtotal Yearly 323,040.00 6,000.00 335,040.00 25,626.00 309,414.00 14,850.00 2,400.00 8,376.00 25,626.00 28,050.00 240.00 2,400.00 8,376.00 39,066.00 64,692.00 335,040.00
TOTAL Salary Expense (Yearly)
1,517,040.00 66,690.00 10,800.00 37,926.00 115,416.00 125,970.00 1,320.00 10,800.00 37,926.00 176,016.00 291,432.00 1,517,040.00
Schedule - A16
Notes:
Employees will increase by PHP 500.00 per year and not subjected to promotion.