Payroll Archives | CloudCFO PH


July 10, 2024

Strategic Insights: Php 35 Minimum Wage Increase in NCR

On July 1, 2024, the Department of Labor and Employment (DOLE) approved a Php 35 increase in the daily minimum wage for workers in the National Capital Region. The Regional Tripartite Wages and Productivity Board in the National Capital Region supported the petitions for the wage increase from various labor groups, including the Unity for […]

February 8, 2024

DOLE issues revised IRR on Service Charge Law 

The Department of Labor and Employment (DOLE) has issued the revised implementing rules and regulations (IRR) of the Republic Act (RA) 11360 or the Service Charge Law, which now covers a broader range of establishments, including hotels, restaurants, and entities operating primarily as private subsidiaries of the government. The term ‘service charge’ is clearly defined […]

February 1, 2024

PSA: Pag-IBIG Fund Contribution Increase Takes Effect in February 2024

, Pag-IBIG Fund has implemented a contribution increase for both employees and employers, set to take effect in February 2024. This adjustment, designed to double savings and increase cash loan entitlements for members, requires businesses to promptly adapt their payroll structures.

January 9, 2024

2024 Payroll Updates: PhilHealth, Pag-IBIG contributions set to increase

Heads up, employers! PhilHealth contributions are set to increase to 5% from the previous 4% of the monthly basic salary. This comes after an announcement that the Philippine Health Insurance Corporation (PhilHealth) has updated its premium schedule effective January 1, 2024. The adjustment applies to income levels ranging from P10,000 to P100,000. According to PhilHealth, […]

July 6, 2023

National Wage Board Approves Minimum Wage Increase for Private Establishments in NCR

Accurate and timely payroll processing is crucial to maintain legal compliance and foster positive employee relations. Discover how CloudCfo can assist you in navigating the changes and ensuring fair compensation for your workforce.

May 16, 2023

Tips for Successful Payroll Outsourcing for Small and Medium Enterprises in the Philippines

Discover the advantages of outsourcing payroll functions to CloudCfo. Streamline operations, ensure compliance, and focus on your core competencies. Learn more about our comprehensive Payroll Services for small and medium enterprises in the Philippines.

January 10, 2023

Payroll updates in 2023 to keep in mind

Here are new Philippine payroll updates in 2023 that both employers and employees should comply with and take note of.

June 22, 2022

11 mins read

An Extensive Glossary of Payroll Terms for Philippine Businesses

Processing employees’ payroll entails familiarizing yourself with essential payroll terms and their purpose. Learn the As to Zs of payroll terms used in the Philippines in this article.

May 13, 2022

3 mins read

CloudCfo Launches Payroll System for the Philippines

We’ve announced the launch of the new CloudCfo Payroll System for the Philippines!

Check out the Launch Announcement Here! Book a Free Demo Today!