How to structure, compute salaries, wages and benefits

Many businesses and HR practitioners are not skilled and updated on how to maximize the tax savings and benefits allowed by the government. With the recent passage of the minimum wage and the TRAIN law, it impacts both individual and corporate taxpayers. To help taxpayers and business organizations on this issue, the Center for Global Best Practices is launching a training for business owners, decision-makers and HR practitioners on the topic, “How to Structure and Compute Salaries, Wages and Benefits with the 2018 TRAIN Incentives for Taxpayers” on April 24, 2019 at the Manila Marriott Hotel, Pasay City.

You can increase the takehome pay of your workers by designing your compensation structure to maximize the use of de minimis benefits, fringe benefits and other benefits, optimizing the allowable deductions and tax exemptions, giving the 13th month pay on a monthly basis, and more. This will mean less taxes to withhold, more money for your employees. Participants will be shown how to link these new measures to create a cohesive and highly beneficial structure for employers and employees. This offers a window for companies to align compensation approaches with business strategies to achieve a program that attracts, retains and motivates workers and at the same time minimizes tax costs to businesses and their people.

Learn valuable lessons and insights from labor law expert practitioner, Atty. Elvin Villanueva, who has assembled the most comprehensive, substantive and highly researched materials on this important topic. He has written 25 best-selling books and his advocacy is to help companies and employees solve their HR issues.

This program is open to the general public. Attend this best practices event and avail of the early payment savings and group discount for three or more participants. Seats are limited and pre-registration is required.

For details, check www.cgbp. org. or call landlines in Manila (+63 2) 842-7148/ 59 and (+63 2) 556-8968/ 69, in Baguio (+63 74) 423-2914 and in Cebu (+63 32) 512-3106 or 07.