Task 04 - Simple Payroll

PHOTO EMBED

Thu Mar 07 2024 02:34:26 GMT+0000 (Coordinated Universal Time)

Saved by @jerichobongay

# Constant variables
RATE_PER_HOUR = 500
TAX_RATE = 0.10

#User inputs
employee_name = input("Employee Name: ")
hours_worked = float(input("Enter number of hours: "))
sss_contribution = float(input("SSS contribution: "))
philhealth_contribution = float(input("PhilHealth contribution: "))
house_loan = float(input("Housing Loan: "))

#Calculations
gross_salary = RATE_PER_HOUR * hours_worked
tax_deduction = gross_salary * TAX_RATE
total_deductions = sss_contribution + philhealth_contribution + house_loan + tax_deduction
net_salary = gross_salary - total_deductions

#Display Employee Information
print("\n==========PAYSLIP==========")
print("\n==========EMPLOYEE INFORMATION==========\n")
print("Employee Name:", employee_name)
print("Rendered Hours:", hours_worked)
print("Rate per Hour:", RATE_PER_HOUR)
print("Gross Salary:", gross_salary)

#Display Deductions
print("\n==========DEDUCTIONS==========\n")
print("SSS:", sss_contribution)
print("PhilHealth:", philhealth_contribution)
print("Other Loan:", house_loan)
print("Tax:", tax_deduction)
print("Total Deductions:", total_deductions)


print("Net Salary:", net_salary)
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