How To Pay Wages

Table of contents:

How To Pay Wages
How To Pay Wages

Video: How To Pay Wages

Video: How To Pay Wages
Video: How to Pay Your Employees 2024, November
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According to the Labor Code of the Russian Federation, employees must be paid at least twice a month, at equal intervals. On which days of the month it will be paid, each company decides individually. The amount of the advance payment may be different. But at the end of the working month, the entire amount earned for a given period of time must be paid in full.

How to pay wages
How to pay wages

Instructions

Step 1

The monthly salary can be paid in equal amounts, from the entire amount for the month. In this case, the salary is divided by 2, the sum of the regional coefficient is added and the tax amount of 13% is subtracted. The bonus and cash awards are paid at the end of the billing period.

Step 2

You can pay in advance a fixed amount to everyone. At the end of the billing month, add to the remaining amount the premium, monetary remuneration and the regional coefficient, subtract 13% of the tax.

Step 3

The Labor Code does not prohibit daily settlement, or weekly settlement, the main thing is that payments should be made at least twice a month. With daily calculation, there may be a fixed amount of payments. In this case, you need to calculate 13% of the tax on a daily basis. The bonus and cash rewards are paid at the end of the billing month.

Step 4

The amount for the delivery of the sick leave to the accounting department is paid at the end of the billing month. It can be counted and issued in a separate amount.

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