MindMap Gallery employee's salary
Employee compensation refers to various forms of remuneration or compensation given by enterprises to obtain services provided by employees or to terminate labor relations.
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This is a mind map about plant asexual reproduction, and its main contents include: concept, spore reproduction, vegetative reproduction, tissue culture, and buds. The summary is comprehensive and meticulous, suitable as review materials.
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employee's salary
short term compensation
Short-Term Compensation Overview
The enterprise expects that within 12 months after the end of the annual reporting period in which employees provide relevant services All employee benefits will be paid
Short-term remuneration specifically includes
Monetary short-term compensation
Wages, bonuses, allowances and subsidies, employee welfare fees, medical insurance provident fund, trade union funds and employee education funds
Paid absence (annual illness, disability, marriage, childbirth, bereavement, family visits)
accumulation
Regular exams are deferred for one year and last in, first out, and will be accrued based on the estimated payment amount in the current year.
non-cumulative
No accrual will be made if you are not absent from work, please confirm again when you are absent from work.
short term profit sharing plan
For example, it is stipulated that after employees have worked in the company for a specific period, they can enjoy a salary calculated based on a certain proportion of the company's net profit.
non-monetary benefits
Distribute to employees in the form of self-produced products or purchased goods
Measured at fair price. If fair price cannot be obtained, it shall be measured at cost price.
The entries are deemed as sales and then go through the employee compensation account payable.
Providing owned houses and other assets to employees for free or leasing houses and other assets for employees to use for free, self-owned assets shall be accrued at fair value or depreciation, and leasing shall be accrued at rent.
Providing employees with goods or services for which the enterprise has paid subsidies
Specified service period
The difference is included in long-term deferred expenses and is amortized during the service period. If you leave early, part of the price difference will be refunded
No specified length of service
The difference is directly included in the current period's costs and expenses and employee benefits payable.
Post-employment benefits
Set up a savings plan
After depositing a fixed fee into a separate and independent fund, the enterprise has no further payment obligations.
defined benefit plan
Determine the present value of defined benefit plan obligations and current service costs
Determine the net liabilities or net assets of the defined benefit plan (the difference between the present value of the obligations and the fair value of the assets)
Determine the amount that should be included in the current profit and loss (service cost, net interest on net liabilities or net assets)
Determine the amount that should be included in other comprehensive income (changes in net liabilities or net assets are remeasured and subsequently transferred to profit and loss)
Termination benefits
Confirmation of termination benefits
definition
Compensation for terminating the labor relationship with employees before the expiration of the labor contract
Compensation given to employees to encourage them to voluntarily accept redundancy
Confirmation time
When an enterprise cannot unilaterally withdraw dismissal benefits provided due to termination of labor relations or layoff proposals
When an enterprise recognizes costs or expenses related to restructuring involving payment of termination benefits
What's early
Accounting Treatment of Termination Benefits
Profit and loss accounts are all administrative expenses
In the case of internal retirement, wages and insurance will be included in administrative expenses in one lump sum when the confirmation conditions are met.
Paid less than one year ago
Applicable to short-term remuneration
paid more than one year
Measurement of the discounted amount
Other long-term employee benefits
Long-term paid absences, long-term disability benefits, long-term profit sharing plan, deferred compensation