ITE6102 - Computer Programming 1 - Machine Problem 003

Write a C++ program with the following specifications:
1. Create a class and name it Payslip. This class should have the following attributes or properties: name, pay grade, basic salary, overtime hours, overtime pay, gross pay, net pay and withholding tax. This class should also have the following methods: determinePayGradeAndTaxRate and computePay.
2. Define the accessors and mutators of the Payslip class based on its attributes or properties.
3. Input the employee name, basic salary, and number of overtime (OT) hours. Apply validations for input as follows:
a. Basic salary should not be less than 10,000.
b. Minimum overtime hours is 1 hour.

4. Basic Salary Details:
Pay Grade A Pay Grade B Tax Rate
10,000 15,000 10%
20,000 25,000 15%
30,000 35,000 20%
40,000 45,000 25%
50,000 55,000 30%

5. The computation is as follows:
Gross pay = basic salary + OT pay
OT pay = no. of OT hours * 1% of basic salary
Net pay = gross pay – withholding tax – fixed values
Withholding tax = gross pay * tax rate
Note: Basic salary greater than 55,000 will have a pay grade of B and a tax rate of 30%.

6. The following are fixed values:
SSS = 500.00
Pag-ibig = 200.00
Philhealth = 100.00

7. Output should contain the following:

Employee Name :
Basic Salary :
Pay Grade :
No. of OT Hours :
OT Pay :
Gross Pay :
Withholding Tax :
Net Pay :

Note: Input of data and display of results should be defined on the main method. All monetary display should be formatted with comma separators, 2 decimal places, and “Php” (Ex: Php 32,546.95).