When an employment relationship begins between the company and the employee, a contract must be made in which some factors must be specified, such as the salary, benefits, duration and hours, among other characteristics, which configures the start of employee payments known as payroll.
Being the head or manager of a company is a responsibility, since you must have full knowledge of how an organization should be run. The fundamental part of any company is the participation of all the people who work in it.
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Every boss must have knowledge of what the workers' payroll comprises, this is because the salaries of employees contain elements that allow a single payroll process in the administration of the organization.
The payroll is an important document within labor relations, where the earnings and deductions that are made in the salary of the employees, in this document the different concepts are added and subtracted from the base salary. It is a very important issue due to all that it directly implies in the net income of the company, the laws, taxes and regulations.
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In this article you will find:
What are perceptions?
Perceptions are due to amounts of money the company pays workers for their work, everything depends on the different factors that are established in the law and those related to the performance of the employees.
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The Labor Law establishes various perceptions that must be considered and increased to the base salary of all employees. Many of the perceptions are mandatory and others are optional, this will depend on the performance and interest of the worker in carrying out activities that are additional. The factors comprising perception They are:
- Mandatory: Salary.
- The basics of the law: Christmas bonuses, vacations and vacation bonuses.
- Those of law for work performance: Work breaks, overtime and Sunday bonuses.
- Social security: Savings fund, funeral payment contribution, food or restaurant vouchers and disability subsidy.
- Sporadic: Retroactive or special bonuses.
- Additional to the contract: Bonuses, commissions and awards for attendance.
What are deductions?
The deductionsare those amounts that are deducted from the salary base of an employee, therefore, the company must be very careful when executing them and verify that the worker's labor rights are not affected.
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In this sense, it is It is important that the organization verify any deductions made to employees. The company must be careful not to breach these expenses, or make discounts from the base salary, because if this is not done, the organization may be sanctioned. Some corresponding deductions They are:
- Payment for debt with the boss.
- Savings bank.
- Alimony pensions.
- Absences generated by absences, leaves without enjoyment or disability.
- Withholding of income tax.
- Union dues.
- Deduction decreed by the law that corresponds to the IMSS, ISR.
- Withholdings for credits.
- Withholding for worker purchases in the National Fund for Workers' Consumption.
It is necessary for the head of the company to consider the variables found in the payroll calculation to:
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- Specify a favorable strategy for remunerating employees.
- Establish the total cost of the payroll and not only the basic payment of the worker.
- Deliver payments on time.
What are voluntary deductions?
The deductions made on payroll, are the amounts that are withheld from the payment of a worker for different expenses. The law establishes mandatory deductions for various taxes and Social Security expenses.
Workers who are involved in some programs or participate in various charitable plans sponsored by the company, usually make voluntary deductions to pay the expenses of these programs through deductions in their payroll.
What is a record of perception and deduction and what is it for?
The constancy of perception and deduction, is a document that the company must deliver to the employee, it specifies the amount of income that the worker receives and the tax that by law must be deducted, it must also contain all the data of the company.
This evidence is essential for the worker to be able to present his annual tax return independent of him. It is also used, as a demonstration that the company made the payment correctly to the Tax Administration Service, the tax deduction what you did to the employee in relation to his services. It is the obligation of the company to grant it to its workers and keep a copy of it so that it can be recorded in its accounting control.
