Can an employee convert unused Service Incentive Leave to cash?
An employee has the option to convert unused Service Incentive Leave into its cash equivalent. This financial right is protected under Article 95 of the Labor Code of the Philippines. The employee may choose to commute the leave to its monetary value if not exhausted at the end of the year. This conversion provides a direct financial benefit to workers who prefer working over taking time off. 16-May-26About Nicolas and De Vega Law Offices
Nicolas and De Vega Law Offices is a full-service law firm in the Philippines. You may visit us at the 16th Flr., Suite 1607 AIC Burgundy Empire Tower, ADB Ave., Ortigas Center, 1605 Pasig City, Metro Manila, Philippines. You may also call us at +632 84706126, +632 84706130, +632 84016392 or e-mail us at [email protected]. Visit our website https://ndvlaw.com/.
