Overview:
The Employee Payroll System is a console-based application that calculates employees’ payslips. It processes essential payroll information, calculating gross pay, taxes, and net pay based on the employee’s data.
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Key Features:
1. Employee Information Input:
Users can input relevant details like employee name, ID, hours worked, and salary rate, ensuring that each payroll calculation is based on accurate and personalized data.
2. Gross Pay Calculation:
The system calculates the employee’s gross pay by multiplying hours worked by the hourly rate or based on fixed salary data, providing the total earnings before deductions.
3. Tax Calculation:
The app automatically computes applicable taxes based on employee data, including tax brackets or percentage deductions.
4. Net Pay Summary:
After calculations, the app provides a detailed summary that includes gross pay, tax deductions, and final net pay, offering a clear and concise breakdown of the payroll.
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