Employee Benefits under Philippine Laws

jobfair

Listed below is a summary of the mandatory benefits and provisions for employees in the Philippines under the Labor Code and special laws:

1. Minimum wage = P537.00 per day (in NCR) as of 22 November 2018

2.  13th month pay (after 1 month of service) = 1/12 of the total basic salary earned by an employee within a calendar year

3.  Overtime pay= 25% premium on hourly rate

4.  Night shift differential if work between 10:00 PM to 6:00 AM =  10% premium on hourly rate

5.  Special Non-Working day = 30% premium if worked

6.  Regular holiday pay= 100% premium if worked, paid if unworked

7. Service Incentive Leave = 5 days paid leave for every year of service

8.  Maternity Leave = daily maternity benefit equivalent to one hundred percent (100%) of her average salary credit for sixty (60) days or seventy-eight (78) days

9. Paternity leave = 7 days leave with pay (married only)

10.  Parental leave for solo parents= 7 days leave with pay for every year of service

11.  Leave for victims of Republic Act 9262 or Anti-Violence Against Women Law = 10 days leave with pay

12.  Special Leave for Women= Two months leave with pay for women who underwent surgery due to gynecological disorders

13. Social Security System contribution (based on salary)

14.  Pag-ibig contribution (based on salary)

15. Philhealth contribution (based on salary)

Nicolas & 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 4706126+632 4706130+632 4016392.

SEARCH