What is FGTS and how to calculate it for your restaurant employees?
Posted: Tue Dec 24, 2024 6:56 am
The Severance Pay Guarantee Fund (FGTS) is an essential benefit for the security and stability of Brazilian workers. Since its creation in 1966, it has been a fundamental safeguard for employees in the event of dismissal.
If you are a restaurant owner and need to understand how to calculate the guarantee fund for your employees, you are in the right place.
In today's content we will understand how this benefit works and how to calculate it correctly.
Index
What is FGTS and how does it work?
Centralize and automate your delivery service, managing all bulgaria whatsapp number database orders with Cardápio Web
How to calculate FGTS?
Costs associated with employees
How to control employee costs?
Calculation of overdue FGTS
Conclusion
What is FGTS and how does it work?
The guarantee fund was created to replace the “ten-year stability”, a previous benefit that granted stability to the worker after 10 years of service. The great advantage of the FGTS is that it is independent of the employee’s length of service and is backed by a solid legal basis.
Instead of paying a high severance pay at the time of dismissal, the company deposits a percentage of the employee's salary into an account linked to the severance fund each month. Thus, when the dismissal occurs, the employee is entitled to receive the amount accumulated up to that point.
Centralize and automate your delivery service, managing all your orders with Cardápio Web
Test for 10 days
Name
Name
Enterprise
Enterprise
E-mail
E-mail
Telephone
Telephone
Monthly billing
I don't know
Number of orders per day
I have no orders yet
This makes the FGTS less conflictual than ten-year stability, benefiting both companies and employees, in addition to representing an advance in labor legislation and legal security for organizations.
How to calculate FGTS?
The calculation corresponds to a percentage of the gross salary paid to the employee in the previous month.
Generally, this percentage is 8% of the gross salary , but for young apprentices, for example, this amount is reduced to 2% .
To calculate the FGTS, you need to follow these steps:
1. Confirm the percentage of the fund to be used, usually 8% or 2%.
2. Calculate the employee's gross salary.
3. Apply the formula: FGTS value = Gross salary value x FGTS percentage.
For example, if an employee receives R$2,000.00 in gross salary, the calculation would be:
R$ 2,000.00 x 0.08 = R$ 160.00 to be deposited.
Costs associated with employees
Understanding the costs associated with employees is also important, as in addition to salary, there are several charges and benefits that must be considered.
The FGTS is just one of them, along with the INSS, transportation vouchers, vacations, 13th salary, among others. It is essential to be aware of these costs for good financial management.
How to control employee costs?
To control employee costs, it is important to adopt measures that minimize unnecessary expenses .
Avoiding overtime whenever possible and investing in hiring experienced employees who can quickly add value are good strategies. Skilled employees tend to be more productive, which can offset the higher initial cost.
Calculation of overdue FGTS
In cases of delay in FGTS payment, it is necessary to calculate the amounts that were not deposited , taking into account gross salaries and other severance payments for the period in question.
In addition to the accumulated amount, the company must also pay fines and interest on the outstanding FGTS. It is essential to avoid delays in paying the FGTS to avoid losses and legal problems.
Conclusion
The FGTS is a fundamental component of the relationship between employer and employee in Brazil.
Understanding how to calculate and manage this benefit is essential to ensure a healthy working relationship in compliance with legislation.
We hope this guide has been helpful in clarifying your doubts on the topic.
If you are a restaurant owner and need to understand how to calculate the guarantee fund for your employees, you are in the right place.
In today's content we will understand how this benefit works and how to calculate it correctly.
Index
What is FGTS and how does it work?
Centralize and automate your delivery service, managing all bulgaria whatsapp number database orders with Cardápio Web
How to calculate FGTS?
Costs associated with employees
How to control employee costs?
Calculation of overdue FGTS
Conclusion
What is FGTS and how does it work?
The guarantee fund was created to replace the “ten-year stability”, a previous benefit that granted stability to the worker after 10 years of service. The great advantage of the FGTS is that it is independent of the employee’s length of service and is backed by a solid legal basis.
Instead of paying a high severance pay at the time of dismissal, the company deposits a percentage of the employee's salary into an account linked to the severance fund each month. Thus, when the dismissal occurs, the employee is entitled to receive the amount accumulated up to that point.
Centralize and automate your delivery service, managing all your orders with Cardápio Web
Test for 10 days
Name
Name
Enterprise
Enterprise
Telephone
Telephone
Monthly billing
I don't know
Number of orders per day
I have no orders yet
This makes the FGTS less conflictual than ten-year stability, benefiting both companies and employees, in addition to representing an advance in labor legislation and legal security for organizations.
How to calculate FGTS?
The calculation corresponds to a percentage of the gross salary paid to the employee in the previous month.
Generally, this percentage is 8% of the gross salary , but for young apprentices, for example, this amount is reduced to 2% .
To calculate the FGTS, you need to follow these steps:
1. Confirm the percentage of the fund to be used, usually 8% or 2%.
2. Calculate the employee's gross salary.
3. Apply the formula: FGTS value = Gross salary value x FGTS percentage.
For example, if an employee receives R$2,000.00 in gross salary, the calculation would be:
R$ 2,000.00 x 0.08 = R$ 160.00 to be deposited.
Costs associated with employees
Understanding the costs associated with employees is also important, as in addition to salary, there are several charges and benefits that must be considered.
The FGTS is just one of them, along with the INSS, transportation vouchers, vacations, 13th salary, among others. It is essential to be aware of these costs for good financial management.
How to control employee costs?
To control employee costs, it is important to adopt measures that minimize unnecessary expenses .
Avoiding overtime whenever possible and investing in hiring experienced employees who can quickly add value are good strategies. Skilled employees tend to be more productive, which can offset the higher initial cost.
Calculation of overdue FGTS
In cases of delay in FGTS payment, it is necessary to calculate the amounts that were not deposited , taking into account gross salaries and other severance payments for the period in question.
In addition to the accumulated amount, the company must also pay fines and interest on the outstanding FGTS. It is essential to avoid delays in paying the FGTS to avoid losses and legal problems.
Conclusion
The FGTS is a fundamental component of the relationship between employer and employee in Brazil.
Understanding how to calculate and manage this benefit is essential to ensure a healthy working relationship in compliance with legislation.
We hope this guide has been helpful in clarifying your doubts on the topic.