Billing to Clients

Customers may be new to doing business internationally. This training is meant to identify the considerations for clients and to help them make the transition.

Our Billing

Our invoices usually consist of the following items:

Salary and Employee Benefits Inclusions

1. Salary Package – The gross salary of employees is the amount that they receive or earn before any taxes and other deductions as mandated by the PH government. The amount is inclusive of Night Differential and Allowances (if any) This is usually based on the usual market rates for different jobs in the country.
   
2. Leave Credits – All Boomering employees are entitled to 20 days leave per annum. Leaves or PTOs are accumulated by staff throughout the calendar year and can be used under the approval of the client.
   
3. 13^th Month Salary –Employees are granted a year-end bonus equivalent to a month’s salary as mandated by the PH Government. This is usually given around December of each year the worker is employed.
   
4. Holiday Pay – Should an employee be asked to report during a Philippine Public Holiday, the staff shall then be paid an additional compensation of 30% - For a Special Holiday and 100% - For a Regular Holiday, of their basic salary as indicated in the Labor Code of the Philippines.
   
5. Government Mandated Contributions – include the ff:
   

   ·        Social Security System (SSS) – Those who are employed are required to become a member of SSS. This protects its members whenever they are unable to work due to sickness, disability, maternity and other factors that may result in their loss of income.

   ·        Philippine Health Insurance (PhilHealth) – This is a medical insurance company in the PH. All Filipinos are required to contribute to this service. Health and Hospitalization subsidies will be granted to members should the need arises for them or their dependents.

   ·        Home Development Mutual Fund (Pagibig Fund) – Employers are required to contribute to the Home Development Fund on behalf of their employees. It provides low rates land loans to its members and give every Filipino the opportunity to own a house.

6. Health Maintenance Organization (HMO) – It is a private organization that provides health insurance to employees. Detailed discussion can be seen on HMO Billing to Clients.
   
7. Social Club Fee – The amount is fixed per month based on the quoting sheet. This covers staff engagement activities or any company related events such as Year End Party and etc.
   

Offshoring Fee

This is a Fixed Monthly Fee based on the Service Agreement. Inclusions are the use of HR Services, Accounting and Payroll Management, Workstation and Facilities, Utilities, and IT Support.

Recruitment Fee

This is a one-time fee for full range access to our recruitment functions. Recruitment Cost inclusions are running online ads, drafting customized job descriptions, candidate screening, standard skill-testing, short-listing, candidate interview, background checks and etc.

Note: Fees are as indicated on the quotation and in the Service Agreement. Sample snip below for reference:

Software License Fees and

Clients sometimes require certain software licenses to be used by a member of staff under a specific role. This, we charge upon the client’s request and approval and is based on the actual cost of the said subscription.

Other Client Approved Requests

Any other costs requested by the client such as Staff Incentive, Bonuses, Gifts etc., are charged based on the actual costs requested. Kindly note that we are only recovering costs when making these billings.

Currency

Billing Cycle