Computing for Holiday and Special Non-Working Day Pay in the Philippines

Long streaks of holidays and non-working days lie ahead, and for most of us in HR, this means one thing: special pay computations. While some employees are taking their much anticipated breaks, a lot of people will work as usual. Some will even render overtime hours for additional income. To field atypical questions and preempt unnecessary disputes, we’ll have to be ready. It’s time to revisit the formulas for calculating wages and salaries earned during holidays and special non-working days. Here’s [...]

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The Proposed Law Against Late Salaries and Wages

Everybody hates delayed salaries, but workers in the Philippines may no longer have to worry about them soon. Employers who pay their their workers late will be penalized — that is, if the the bill against delayed wages and salaries passes Congress and sees the light of day. House Bill 6537, short-titled “Timely Payment of Wages and/or Salaries Act of 2017,” is now being reviewed by the House of Representatives. It seeks to cover both government agencies and private companies, [...]

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Strategic Workforce Planning: Factors and Tips to Consider

Great employers don’t rely on luck in finding and keeping the right talent. Instead of leaving things to chance, they spend huge amounts of resources in hiring and retaining excellent people. The best products and services, after all, can only come from the best workforce. Get the wrong crowd on board, and your sales will surely suffer. Casting the dream team requires money, reputation, and most of all, time — which should go to workforce planning. In HR, we understand [...]

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HR Highlights: September 2017

Here are the top news, events, and announcements that shaped and steered the HR industry and labor in the Philippines in September 2017. Senate endorses TRAIN Bill The Senate has endorsed its own version of the Tax Reform for Acceleration and Inclusion (TRAIN) bill on September 20. The proposed law, called Senate Bill 1592, provides complete exemption for the first Php150,000 annual taxable income and retains the Php82,000 tax exemption for 13th month pay and other bonuses. It also sets [...]

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The Senate’s Tax Reform for Acceleration and Inclusion (TRAIN) Bill and How It Affects Employees

The much anticipated Tax Reform for Acceleration and Inclusion (TRAIN) program has finally gained foothold in the Senate. Last September 20, the Senate Committee on Ways and Means officially endorsed Senate Bill 1592, its version of the tax reform package proposed by the Executive Branch. The said bill raises the take home pay of 99% of the individual income taxpayers in the country and exempts about 64% of all local workers — roughly 3.192 million Filipinos — from paying [...]

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Employment in the Philippines: Results of the Latest Labor Force Survey

The numbers have spoken: the employment rate in the Philippines has hit a record low in July. According to the latest Labor Force Survey (LFS) conducted by the Philippine Statistics Authority (PSA), the figure has gone down to 94.4% from 94.6% during the same period last year. That gives us an unemployment rate of 5.6% — the second lowest among all the July employment numbers since 2006 — and more than 2 million jobless people all over the country. Based [...]

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The Php21 Minimum Wage Hike and How It Affects HR and Finance

Metro Manila’s wage board has finally come to a decision. Last week, it approved a Php21-minimum wage hike for workers in the region. That’s an increase from Php491 to Php512. The new base pay will be implemented this October and shall apply to all minimum wage earners in the private sector in NCR regardless of their position, designation, or status of employment. It’s also irrespective of the method through which they are being paid. That’s a bit of a good [...]

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Gender Pay Gap: The Latest Data and How We Can Close It

The gender pay gap still exists, and, as leaders and people managers, we have one of the biggest stakes in closing it. The fact that women have yet to earn as much as men keeps us from building a stronger workforce. It ushers in a host of problems we work hard to avoid every day: unnecessary turnover, skill shortages, missed opportunities for business growth, and even a bad rap among young and driven jobseekers. The Philippines holds a reputation as [...]

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The Core Employee Needs HR Leaders Should Address

The idea of investing in employees beyond giving them their wages is relatively new. Before, people simply cash in on their rendered hours and go. Now, employers and HR leaders also face the pressure of providing “the perks” — the things that drive job satisfaction and employee engagement. To attract and keep people in this day and age, we’re expected to give them sources of motivation, commitment, and focus. And those ought to come on top of what they [...]

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Counteroffers: To Pitch or Not to Pitch?

A lot has been said about counteroffers. Some say it’s a knee-jerk reaction: a mechanical and reckless response to a top employee’s resignation that a number of companies are guilty of. Employees, on the other hand, are often warned never to take a counteroffer, lest they fall victim to the ultimate kiss of death for their careers. Accepting a counteroffer means accepting the stigma that comes with it; once you’re identified as the one who wants to leave, you [...]

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