YA: Payroll Process wPHP

<?php

/*    Count the number of employees, then cycle through    */
$numEmployees = count($_POST['employee']);
$emp = $_POST['employee'];
$total_payout = 0;
for($i=0; $i<$numEmployees; ++$i){
    $emp[$i]['pay'] = $emp[$i]['rate'] * $emp[$i]['hours'];
    $total_payout += $emp[$i]['pay'];
}
?>
<html>
    <head>
        <title>Payroll Payouts</title>
    </head>
<body>
    <h2>Payroll Payouts for <?php echo $company_name; ?></h2>
    Company: <?php echo $company_name; ?><br>
    Date: <?php echo $date; ?><br>
    <table cellspacing="3" cellpadding="5" border="1">
        <tr>
            <th>Num</th>
            <th>Employee Name</th>
            <th>Hourly Rate</th>
            <th>Hours Worked</th>
            <th>Payout</th>
        </tr>
<?php

for($i=0; $i<$numEmployees; ++$i){
    echo '
        <tr>
            <td>' . ($i + 1) . '</td>
            <td>' . $emp[$i]['name'] . '</td>
            <td>$ ' . number_format($emp[$i]['rate'], 2) . '</td>
            <td>' . $emp[$i]['hours'] . '</td>
            <td>$ ' . number_format($emp[$i]['pay'], 2) . '</td>
        </tr>';
}
?>
    </table>

    Total payout: $<?php echo number_format($total_payout, 2); ?>

</body>
</html>