School DNHS Grade Level 12

Teacher EM ANEŃON Learning ABM

Area
Time & Dates January 7, 2022 Quarter 2nd

I.
OBJECTIVES
A. Content The learners have an understanding of the
Standards A. fundamental operations of mathematics as applied in salaries and wages

B. The learners shall be able to apply appropriate mathematical operations in computing

Performance salaries and wages.
Standards
C. Learning After completing this lesson, the learners should be able to:
Competencie
s/ a. Enumerate the standard deductions with the corresponding computation
Objectives. ABM_BM11SW-IIE-7
Write the
LC code for
each
II. CONTENT Salaries and Wages
III.
LEARNING
RESOURCES
A.
References
1. Teacher’s
Guide pages
2. Learner’s None
Materials
pages
3. Textbook
pages
4. Materials DLP, laptop, visual aids, ans
B. Other Practical Research 2 by Prieto, Nelia G et.al (2017)
Learning SLM
Resources
V. TEACHERS ACTIVITY
PROCEDURE
S
A. Reviewing Prayer (The teachers will call one student to lead the prayer)
previous Greetings…. Good morning class
lesson or Please Take your seats
presenting After checking the attendance
the new Reminders about Covid-19 health protocols and Classroom Policies.
lesson
Class everyone is reminded to always wear your face mask, practice social distancing
and always wash your hands with clean water, also bring along with you your alcohol.
If you’re not feeling, feel please tell your adviser for immediate action.

Our last topic was about commission, right students?

Can you tell me about commission?
Any one from the class?

B.Establishin Activity: “Draw lots”

g a purpose Each learner will pick a paper from the box. Five of the papers from the box have
for the question. Learner who picks the questions will read and try to give their answer.
lesson 1. Which of the following is not a standard deduction for employees?
A. SSS Contribution
B. PhilHealth Contribution
C. Income Tax
D. GSIS Loan
2. The current SSS contribution rate effective April 2019 of the monthly salary is 12%,
 shared by the employer and the employee. What percent is being paid by the
employee?
A. 4%
B. 6%
C. 8%
D. 10%
3. Marites receives a monthly basic pay of P15,000.00. How much will be her Pag-Ibig
contribution per month?
A. P100
B. P200
C. P300
D. P400
4. Suppose an employee receives P30,000 for his monthly salary, how much must he
pay for his monthly GSIS contribution?
A. P2,400
B. P2,500
C. P2,600
D. P2,700
5. Mang Santo is a minimum wage earner. Therefore, he is exempted from paying the:
A. SSS contribution
B. GSIS contribution
C. Value Added Tax
D. Income Tax

C.Presenting The teacher will present to the students the objectives of the day’s lesson:
examples/ a. Enumerate the standard deductions.
instances of b. Compute the standard deductions.
the new c. Reflect on the importance of standard deductions through an essay
lesson
D.Discussing ICT Integration
new SHS_BUSINESS_MATH___INTRODUCTION_TO_SALARIES_AND_WAGES___PART_1___T
concepts and eacher_Clara.mp4
practicing
new skills #1
Video presentation in the introduction of Salaries and Wages (Part 1)

E.Discussing Let us connect........

new To fully understand why the two employees did not receive the same net pay even if
concepts and they have the same gross earnings, you must understand the different deductions of
practicing each employee.
new skills #2 Standard deductions are mandatory and fixed amount or a percentage of the basic
salary held by any authority as a form of necessary dues.

A. SSS Contribution
All employees of private companies and enterprises in the Philippines are covered by
the Social Security System (SSS). It is a government agency founded in 1957 which
provides retirement and health benefits. Members can also avail salary and calamity
loans.
The monthly contributions are based on the monthly salary bracket of each member.
The current SSS contribution rate effective April 2019 is 12% of the monthly salary and
is being shared by the employer (8%) and the employee (4%).
SSS Contribution Table
Monthly Salary Employee’s Share
P2,000 and below P80
P2,001 – P19,999.99 4%
P20,000 and above P800

Example:
Freya, a cashier in a supermarket, received a monthly salary of P15,000. How much
will be her SSS contribution?

Solution:
 SSS Contribution = Monthly Salary x 0.04
=P15,000 x 0.04
=P600
B.PhilHealth Contribution
All employees (private and government), are to be members of PhilHealth. This agency
helps the members and their beneficiaries in times of sickness. PhilHealth monthly
premium is shared equally share by the employer and employee.
PhilHealth Contribution Table
Year Monthly Basic Salary Employee’s Share

2020 P10,000 and below P150

P10,000 – P59,999.991.5%
P60,000 and above P900
2021 P10,000 and below P175
P10,000.01 – P69,999.99 1.75%
P70,000 and above P1,225

Example:
On June 2020, Harley received a monthly basic salary of P25,000.00. How much
will be her PhilHealth contribution?

Solution:
PhilHealth Contribution = Monthly Salary x rate
=P25,000 x 0.015
=P375

C.GSIS Contribution
All government employees (permanent and non-permanent) are members of the
Government Service Insurance System (GSIS). It is government – owned and controlled
social insurance institution that provides defined benefit schemes for its members
under the law. The GSIS contribution table is shown below.

GSIS Contribution Table

Monthly Basic Salary Employee’s Share
No min / max 9%

Example:
Mr. Garcia, a public-school teacher receives a monthly basic salary of P27,000.00.
How much will be his GSIS contribution?

Solution:
GSIS Contribution = Monthly Basic Salary x rate
=P27,000 x 0.09
=P2,430
D. Pag-Ibig Contribution
The Home Development Mutual Fund (HDMF), more popularly known as the Pag-Ibig
Fund is a government-owned and controlled corporation established to provide national
savings program, short-term loans, and affordable shelter financing for the Filipino
workers. The Pag-Ibig contribution table is shown below.

Pag-Ibig Contribution Table

Monthly Salary Employee’s Share
P1,500 and below 1%
P1,500 – P4,999 2%
P5,000 and above P100

Example:
Ms. Alberto receives a monthly basic salary of P18,000.00. How much will be her
Pag-Ibig contribution?

Solution:
Since the employee receives a salary more than the maximum of P5,000, therefore,
her monthly Pag-Ibig Contribution is P100.
E.Income Tax
Income is taxed progressively up to 32%. The following rates apply to individuals on all
their net income derived from business or from the practice of their profession.

Income Tax Table

Annual Taxable Income Annual Income Tax
P250,000 and below None (0%)
Over P250,000 up to P400,000 20% of excess over 250,000
Over P400,000 up to P800,000 P30,000 + 25% of excess over P400,000
Over P800,000 up to P2,000,000 P130,000 + 30% of excess over P800,000
Over P2,000,000 up to P8,000,000 P490,000 + 32% of excess over P2,000,000
Above P8,000,000 P2.41 million + 35% of excess over P8,000,000

Example:
Michael, a regular employee in a private company, has a basic salary of P25,000. Solve
for his mandatory deductions.
a.SSS Contribution

Solution:
Since his monthly salary is beyond the maximum of P20,000, then her month SSS
contribution is P800.

b.PhilHealth Contribution
Solution:
PhilHealth Contribution = monthly basic salary x rate
=P25,000 x 0.15
=P375
c.Pag-Ibig Contribution
Solution:
Since his monthly salary receives a salary more than the maximum of P5,000,
therefore, her monthly Pag-Ibig Contribution is P100.
d. Income Tax
Annual Gross Income = gross monthly income x 12
= P25,000 x 12
= P300,000
Total Annual Contribution = (SSS + PhilHealth + Pag-Ibig) x 12
= (P800 + P375 +P100) x 12
= P1,275 x 12
= P15,300
Annual Taxable Income = Annual Gross Income – Total Annual Contribution
= P300,000 – P15,300
= P284,700
Annual Taxable Income Annual Income Tax
Over P250,000 up to P400,000 20% of excess over 250,000
Monthly Income Tax = Tax Base + (Annual Taxable Income – Min.) x Rate

=P0 +[(P284,700 – P250,000) x .20

12
=P6,940
12
=P578.33
F.Developing Complete the given table by solving for the mandatory deductions of each employee.
master Round off your answers to the nearest centavo. Write your answers on a separate sheet
of paper. Don’t forget to show your solutions.

Monthly
Pag- Income Net
Basic SSS GSIS PhilHealth
Ibig Tax Earnings
Salary
P15,000
P20,000
P30,000
P35,000
P50,000

G. Making Based on the Activity, the teacher will let students answer the following guide
generalizatio questions:
n and 1. Upon doing the activity, how do you find it?
abstractions 2. What have you observed? Are you familiar with the different deductions of your
about the parent’s salary?
lesson 3. What are different standard deductions being mentioned?

H. Finding Complete the given table by solving for the mandatory deductions of each employee.
practical Round off your answers to the nearest centavo. Write your answers on a separate sheet
applications
of concepts
of paper. Don’t forget to show your solutions.
and skills in
daily living
Monthly
Pag- Income Net
Basic SSS GSIS PhilHealth
Ibig Tax Earnings
Salary
P10,000
P45,000
P28,000
P32,000
P50,000

Assignment Agreement/Assignment:

Write a reflection: Is the standard deductions justifiable if you are an employee?

Justify your answer. Be sure to have topic sentence, body and conclusion.
The essay will be scored following the rubrics:
Content 30
Organization 10
Grammar 10
Total 50

That’s all for the day class

GOODBYE AND GOD BLESS

V. REMARKS
VI.REFLECTI
ON
A. No. of
learners who
earned 80%
 on the
formative
assessment.
B. No. of
learners who
require
additional
activities for
remediation.

Prepared by:

EMILY A. ANEÑON
HANNAH CRYSTAL T. JUROLAN