Take-home pay
Take-home pay calculator
Enter your gross monthly salary. You see the money that reaches your account, what each deduction takes, and how much of your salary stays with you.
Use your pay before any deduction. Your contract states this figure.
Common salaries
Gross pay retained
90.44%
₱22,611.25 of ₱25,000.00 stays after the four employee deductions.
Net pay
₱22,611.25
90.44% retained
Total deductions
₱2,388.75
9.55% of gross
How it works
From monthly salary to each cutoff
Timekeep supports three government-contribution schedules.
Split fixed pay into two cutoffs
The fixed monthly salary becomes half of the monthly amount as basic pay in each semi-monthly period.
Choose when government shares apply
Every cutoff divides the monthly SSS, PhilHealth, and Pag-IBIG shares by two. First cutoff or last cutoff takes the full monthly shares in one period and zero in the other.
Compute tax for each period
Tax is not part of the government-contribution schedule. Timekeep annualizes the taxable pay for that pay period and then divides the annual tax by the number of periods.
Expect different cutoff net pay
A cutoff with the full monthly government shares has lower net pay. A cutoff with zero government shares can still have withholding tax and other configured deductions.
Where each peso goes
Monthly view. The retained percentage falls after each employee deduction.
| Stage | Amount | Gross retained |
|---|---|---|
| Gross monthly pay | ₱25,000.00 | 100.00% |
| After SSS employee share | ₱23,750.00 | 95.00% |
| After PhilHealth employee share | ₱23,125.00 | 92.50% |
| Taxable income after Pag-IBIG | ₱22,925.00 | 91.70% |
| Net pay after withholding tax | ₱22,611.25 | 90.44% |
Questions
What people ask about take-home pay
How does fixed pay split across two cutoffs?
Timekeep splits the fixed monthly rate into two period amounts. For ₱25,000.00, each cutoff starts with ₱12,500.00 basic pay.
Do employer contributions reduce my pay?
No. Employer SSS, PhilHealth, Pag-IBIG, and EC amounts are employer costs. They do not reduce employee net pay.
Can the real payslip have more deductions?
Yes. Loans and configured monthly deductions can add more lines. This worked example has none.
Why can two cutoffs have different deductions?
The business can split government contributions across both cutoffs or take the full monthly amount on the first or last cutoff. Tax is still computed for each pay period.
See net pay before payroll day.
Timekeep calculates each cutoff with the selected contribution schedule, tax, loans, and configured deductions.