Why Salaries Are Now in PHP? (Instead of USD Hourly)

This article is for both employers/clients and Filipino staff using VirtualStaff.ph. 

It explains:

• Why staff now set their salary in monthly PHP (₱) instead of hourly USD

• Why employers pay in USD (or other currencies), but staff are paid in PHP How this change benefits both staff and employers

• What changed from the previous system

For Employers / Clients (businesses building teams with VirtualStaff.ph)

Why You Now See PHP Instead of Hourly USD
VirtualStaff.ph is not a gig platform or a freelancing site. We are a full HR, payroll, and compliance platform designed to help you build real, long-term teams in the Philippines.

The move to PHP salaries reflects that professionalism.

How You Benefit:

• More Clarity: You agree a fixed PHP monthly salary. No confusion about hours, exchange rates, or random freelancer-style pricing.

• Better Hiring Outcomes: Talented staff see PHP salaries as legitimate full-time work — not a temporary freelance gig. This leads to better retention and long-term relationships.

• Legal & Tax Compliance: Staff can easily file income taxes with the BIR (Philippine tax authority) because their salary is local and clear.

• No Extra Work for You: You still pay in USD (or your preferred currency). We convert it and ensure the staff receive the correct salary amount in PHP.

Note: When you log in, you may be prompted to update your staff’s salary from hourly USD to monthly PHP. This is to ensure full compliance with our improved payroll system.

For Staff / Filipino Professionals

Why You Now Set a Monthly PHP Salary
We’ve transitioned to a monthly PHP salary system so that you:

• Receive your full salary in PHP with no deductions for exchange rates or banking fees

• Can file your income properly with the BIR — this is important for compliance and long-term financial security

• Know exactly what you’ll be paid each month
  
  

• Get treated like a real employee — not a gig worker or short-term freelancer

Previously, a 10% platform fee was deducted from your salary to cover exchange rate and banking costs. That’s now gone. You send a PHP invoice, and we make sure you get 100% of your salary.

Why Clients Pay in USD (But You Get Paid in PHP)
Most employers on VirtualStaff.ph are based in the USA, UK, Australia, and Canada — so they pay in their own currency (e.g. USD).

Here’s how it works:

1. You, the staff, send a monthly PHP invoice.

2. The client pays in USD.

3. VirtualStaff.ph calculates the correct amount (including FX and processing) and handles the payment to your local bank in PHP.

4. Staff get the full PHP salary they agreed on, with no deductions from their PHP salary invoice. The virtualStaff rate that converts to the local currency of the employer is inclusive of FX, Payroll processing, Payment Processing, and Transfer fees, everything to ensure it’s hassle free, fair, and adheres to Philippines standards and norms.

This is a fully managed payroll experience that protects both the client and the staff, ensuring:

• Proper legal classification

• BIR-compliant salary reporting

• Transparent payment tracking

Summary of What Changed

Why This Matters

VirtualStaff.ph is on a mission to change the way people hire and work in the Philippines. This new salary system is part of that.

• It improves the experience for businesses by making hiring clearer and easier.

• It protects staff and sets them up for long-term employment, proper tax filing, and financial stability.

• It eliminates confusion and outdated freelancer-style payments.

It aligns VirtualStaff.ph with global standards for remote HR, payroll, and compliance.