What happens to unused Service Incentive Leave upon an employee’s resignation?
Unused Service Incentive Leave must be converted to cash upon an employee’s resignation or separation. This requirement stems from the provisions related to Article 95 of the Labor Code of the Philippines. If an employee leaves the company before using the leave, they are legally entitled to its monetary value. The computation for this final pay component can also be calculated accurately on a pro-rata basis. 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/.
