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spay:procguide:eoyb_csg [2021/11/17 15:56]
mclement
spay:procguide:eoyb_csg [2021/11/18 03:37] (current)
mclement
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  * Below are illustrations of the calculation of the CSG on the EYB   * Below are illustrations of the calculation of the CSG on the EYB
-===== CSG on End Of Year Bonus where EYB is paid at Mid-December ===== //(In this case, Payments and deductions are cumulated from January to December together with December’s payroll transactions. EYB=1/12 of the cumulated amount)//+===== CSG on End Of Year Bonus where EYB is paid at Mid-December =====  
 +//(Payments and deductions are cumulated from January to December together with December’s payroll transactions. End Of Year Bonus is paid on one-twelfth of the cumulated EYB earnings)//
    * After the EYB Wizard is completed and Temporary Calculation performed, go to Payroll checklist     * After the EYB Wizard is completed and Temporary Calculation performed, go to Payroll checklist
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{{:spay:procguide:csgoneybdetailed.png|}} {{:spay:procguide:csgoneybdetailed.png|}}
-{{:spay:procguide:csgoneybonsalarycomponent.png|}}+{{:spay:procguide:csgoneybonsalarycomponent_1.png|}}
    * Below is an example of the detailed checklist at Mid-December     * Below is an example of the detailed checklist at Mid-December
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===== CSG on End Of Year Bonus where EYB is paid in two parts: First part at Mid-December and Second part with December's payroll ===== ===== CSG on End Of Year Bonus where EYB is paid in two parts: First part at Mid-December and Second part with December's payroll =====
 +//(Payments and deductions are cumulated to calculate EYB. The First part of the EYB is calculated on one-eleventh of the total cumulated EYB earnings from January  to November. The Second part of the EYB is calculated on the total cumulated EYB earnings from January to December minus the first part of the End of Year Bonus amount.)//
    * After the EYB Wizard of Mid-December is completed and Temporary Calculation performed, go to Payroll checklist     * After the EYB Wizard of Mid-December is completed and Temporary Calculation performed, go to Payroll checklist
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===== CSG on End Of Year Bonus where EYB is paid with December's payroll ===== ===== CSG on End Of Year Bonus where EYB is paid with December's payroll =====
 +//(Payments and deductions are cumulated from January to December this year. End of Year Bonus is calculated on one-twelfth of the cumulated amount)//
{{:spay:procguide:skbcsgeybonpartdecember.png|}} {{:spay:procguide:skbcsgeybonpartdecember.png|}}

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