Is there enough wage or salary increase waiting for Filipino workers this year? The laborers and employees of the Philippines are expecting a wage hike for 2011. But would it be adequate to cover the increasing prices of commodities out there? The price of gasoline and oil … [Read more...]
Labor Day in the Philippines: May 2 a Holiday?
On May 1, which falls on Sunday this year, the Philippines will celebrate its 109th Labor Day. And because most laborers love non-working holidays, the big question now is will the holiday for the Labor Day be moved to Monday? Well, for the year 2011, May 1 falls on Sunday, and … [Read more...]
How to Compute Retirement Pay in the Philippines
How to compute retirement pay in the Philippines? On January 7, 1993, Republic Act (R.A.) No. 7641, otherwise known as the New Retirement Law, took effect and amended Article 287 of the Labor Code of the Philippines (PD No. 442). According to the new law, any employee may … [Read more...]
How to Compute Overtime Pay in the Philippines
How to compute overtime pay in the Philippines? Justice and equality must be served in the workplace. That is why our Labor Code has fixed the maximum hours and days of work, which is equivalent to a maximum of eight (8) hours a day (Article 83, Labor Code of the Philippines) for … [Read more...]
How to Compute Separation Pay (Philippines Labor Code)
How to compute separation pay in the Philippines according to the Labor Code? Separation, especially when employer-employee relationships are already well-established within the workplace, is one happening that can be heartbreaking. But as the old saying says, “the only permanent … [Read more...]
How to Compute 13th Month Pay (Philippines Labor Code)
How to compute the 13th Month Pay in the Philippines? For business owners who utilize the help of employees to run their business, assuring that adequate benefits are given to their people is vital in maintaining a motivated and productive work force. Thus, every employer should … [Read more...]