But in such a special year as 2020, many institutions are struggling for survival, let alone making profits. In this case, the year-end bonus is not only "compensation" for the decline in performance this year, but also "confidence in the future development of the organization".
So will the year-end bonus be issued? How should I send it? It is still necessary to analyze the specific situation. Here are some common methods for your reference:
1, a profitable organization.
Although the teaching and training industry is difficult this year, a few institutions are profitable, and the number is not small. Such institutions should pay special attention to personal income tax when issuing year-end awards, and should help employees pay less taxes as much as possible.
During the period of 201965438+1October1-202165438+February 3 1, there are two ways to calculate the year-end bonus.
① Individual income tax shall be calculated based on the comprehensive income of the current year;
② The year-end bonus is taxed separately, and the transitional policy of one-time bonus for the whole year is applicable, that is, the income of one-time bonus for the whole year is divided by 12 months to calculate personal income tax.
For example:
202 1, 1, Xiao Song received an annual performance bonus of 48,000 yuan from the company in 2020, and his annual salary in 2020 was120,000 yuan. Regardless of three insurances and one gold, there is no other income, and the special additional deduction is 12000 yuan.
How to calculate and pay personal income tax?
(1) If you choose not to be incorporated into the comprehensive income of the current year, the annual one-time bonus of 48,000 yuan will be calculated separately:
Determine the applicable tax rate and quick deduction: 48,000 yuan12 = 4,000 yuan.
The applicable tax rate is 10%, and the quick deduction is 2 10.
Personal income payable for one-time award in the whole year = 48,000×10%-210 = 4,590 yuan.
Personal income tax payable on comprehensive income = (120000-60000-12000) ×10%-2520 = 2280 (yuan)
Annual personal income tax payable: 4590+2280=6870 (Yuan)
(2) If you choose to incorporate the comprehensive income of the current year, the annual one-time bonus of 48,000 yuan will be incorporated into the comprehensive income tax in 2020:
Annual personal income tax payable: (120000+48000-60000-12000) ×10%-2520 = 7080 yuan.
Obviously, the first method pays less personal income tax.
2. Institutions with poor operating conditions but slight surplus.
① Divide the year-end award into several parts.
When the year-end comes, year-end awards can be issued in different names, such as team contribution award, to reward employees who are willing to share, take the initiative to take responsibility and dare to take responsibility this year. Similar awards include progressive newcomer award, innovation award and so on.
This method is more flexible, and the incentive effect on employees is far better than one-time bonus and unreasonable reasons. At the same time, these bonuses can also be distributed in different quarters of the year.
② Replace the year-end bonus with enterprise activities.
For example, common travel funds are worth considering.
When employees communicate and entertain together on the trip, not only will their feelings be greatly increased, but the frictions and contradictions in their previous work will also be resolved through laughter. Moreover, after returning to China, their cooperation and mutual assistance in their work will often be significantly enhanced.
This way not only enhances the feelings and understanding between employees, but also increases the knowledge of employees, which is worth learning.
3. Institutions with roughly the same profit and loss.
When the profit and loss of the organization are basically the same, spiritual rewards can be used instead of material rewards.
For example, Teacher Teng Shuang, who was a guest in the college live broadcast room before, shared that at the end of the year or on the eve of the Spring Festival, the families of outstanding employees would be invited to the school for a commendation meeting. At the same time, give some care to the families of excellent employees (such as red envelopes filled with cash).
This can not only make employees feel infinite scenery, but also have a sense of belonging and identity to the school, and can also get more encouragement and support from their relatives at work.
4. Institutional operating liabilities
These institutions are in poor operating condition. If they plan to continue to develop in the coming year, it is even more necessary to issue year-end bonuses. But the organization is really losing money, and the more material the year-end bonus can't be given. What should we do?
At this time, we can use the scheme of "convincing people with reason and moving people with emotion" to describe the painful feelings and gratitude of employees in the past year, hoping to gain the understanding of employees, and at the same time, we should focus on the planning and future of the organization next year.
At the same time, it is also a compensation measure to distribute some low-priced rice, flour and grain and oil products as aid.