Social Insurance Premium Calculation for Bonus Payments
How to calculate health insurance and pension premiums withheld from bonus payments.
Social Insurance Premium Calculation for Bonus Payments
Was this article helpful?
Related articles
More in this category
How to set up salaries (admin)
Assign base pay, allowances, deductions and statutory deductions per employee, then run payroll.
How to read and receive your payslip
Where to find your payslip, what each section means, and how to register your bank account.
Overtime Pay Calculation
Wages paid at legally-mandated premium rates for overtime, late-night, and holiday work.
Electronic Pay Slip Distribution
Configure paperless pay slip delivery and let employees view/download their slips online.
People also viewed
Bonus (Shoyo) Calculation and Payment Process
Complete guide to processing bonuses in WorkVell: calculation basis, social insurance deductions, and payment steps.
Bonus Calculation Formula and Setup
How to configure and calculate performance and seasonal bonuses.
Overtime Pay Calculation
Wages paid at legally-mandated premium rates for overtime, late-night, and holiday work.
Bonus Calculation and Payment Processing
Bonus calculation setup, payment processing, and payslip generation.
How Bonuses Are Calculated
How bonus amounts are determined, their relationship to performance evaluations, and how to view them in WorkVell.
Overtime Pay Calculation: Statutory vs Non-Statutory
How to calculate overtime premium pay for different types of overtime.