Simple payroll program in Dev C++ code Summative Assessment 2: Simple Payroll Computation Program Using FunctionsComputer ProgrammingPROGRAM REQUIREMENTS:You are tasked to create a new version of the payroll program you created in SA1. Nameyour program as sa2__section.cpp. This time, you need to use functionsand loop structures to improve the current payroll system that you have. Check theuser requirements given and make sure that you will accomplish them all.1. An employee works for a regular of 40 hours a week. Beyond that is consideredan over time. For example, an employee worked for 48 hours in that week, itmeans he has an 8-hour over time and he is entitled to an overtime pay.2. The overtime rate is 25% of the rate per hour of an employee and the overtimepay is computed as number of overtime hours multiplied by the overtime rateper hour.3. The gross pay of an employee is its salary without deductions. It is calculated bymultiplying the rate per hour and the regular number of hours worked addedwith overtime pay. Use a function for this and name it as computeGP()4. Each employee is entitled to several benefits such as SSS, Pagibig and Philhealth.These benefits are deducted to the gross pay of an employee. To compute forthese benefits, use the following functions in your code. Each function shouldreceive inputs and return the correct computation to the calling function.a. computeSSS()b. computeLove()c. computePH()5. The SSS contribution is computed as follows:SSSGross pay15, 000Php105.005% of the gross pay8% of the gross pay + P7512% of the gross pay + P110 6. Pagibig contribution is fixed to P100.00 and Philhealth is contribution is based onthe following:Gross pay10,000PhilhealthPhp55.003.5% of the gross pay8% of the gross pay + P25.507. Also, tax is deducted to employees' gross pay. To compute the tax, use thefunction compute TAX() that will return the correct computation to the callingfunction. Use the tax table below:Gross Pay50000Tax32% of GP23% of GP18% of GP

Question

Simple payroll program in Dev C++ code Summative Assessment 2: Simple Payroll Computation Program Using FunctionsComputer ProgrammingPROGRAM REQUIREMENTS:You are tasked to create a new version of the payroll program you created in SA1. Nameyour program as sa2__section>.cpp. This time, you need to use functionsand loop structures to improve the current payroll system that you have. Check theuser requirements given and make sure that you will accomplish them all.1. An employee works for a regular of 40 hours a week. Beyond that is consideredan over time. For example, an employee worked for 48 hours in that week, itmeans he has an 8-hour over time and he is entitled to an overtime pay.2. The overtime rate is 25% of the rate per hour of an employee and the overtimepay is computed as number of overtime hours multiplied by the overtime rateper hour.3. The gross pay of an employee is its salary without deductions. It is calculated bymultiplying the rate per hour and the regular number of hours worked addedwith overtime pay. Use a function for this and name it as computeGP()4. Each employee is entitled to several benefits such as SSS, Pagibig and Philhealth.These benefits are deducted to the gross pay of an employee. To compute forthese benefits, use the following functions in your code. Each function shouldreceive inputs and return the correct computation to the calling function.a. computeSSS()b. computeLove()c. computePH()5. The SSS contribution is computed as follows:SSSGross pay<=5, 0005, 001 - 10,00010, 001-15, 000>15, 000Php105.005% of the gross pay8% of the gross pay + P7512% of the gross pay + P110 6. Pagibig contribution is fixed to P100.00 and Philhealth is contribution is based onthe following:Gross pay<=5, 0005, 001 - 10,000>10,000PhilhealthPhp55.003.5% of the gross pay8% of the gross pay + P25.507. Also, tax is deducted to employees' gross pay. To compute the tax, use thefunction compute TAX() that will return the correct computation to the callingfunction. Use the tax table below:Gross Pay>50000Tax32% of GP23% of GP18% of GP<350008% of GP8. After computing all the deductions, the net salary of an employee is calculated. Itis computed as gross pay-total deductions. Use another function for this one.Name it computeNET().9. The program should also accept the following employee information: LastName,FirstName, MiddleName, Department, Position, rate per hour and number ofhours worked.10. If the employee's position is a manager, there is an additional Php5, 000.00 to hisnet salary.11. The program should be able to display the summary or pay slip of an employee.See sample pay slip below.12. Create a video of you discussing your code. You need to explain in the video theoverall structure of your program and how you used functions and loops toaccomplish the program.13. The video should be uploaded to YT.14. Your work will be graded according to the following criteria:a. Correctness and Completeness45000-4999935000-44999of the Outputb. Use of Functions and Loopsc. Clarity of Discussion in the Video10 points8 points7 points

Accepted Answer

Program
#include <iostream>

using namespace std;

//define computeGP function
float…