Compensation

HR Highlights: August 2017

Here are the top news, events, and announcements that shaped and steered the HR industry and labor in the Philippines in August 2017. DOLE announces pay rules for 2018 holidays The Department of Labor of Employment (DOLE) published last August 10 the prescribed computation of wages for 2018 holidays. Labor Advisory No. 10, s. 2017 or the “Payment of Wages for the Regular and Special (Non-Working) Holidays for the Year 2018” is set to guide private sector employers in determining how [...]

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Super Cool Employee Benefits You Never Thought You Wanted

Employee benefits are provided to further motivate an employee with his or her current job. While every company has these benefits, some do take it to the next level. Here are some of the insanely unique employment packages according to Business Daily that you never thought exists.   Free education Not everyone can afford to pay for one’s education. This is why Starbucks offer employees educational assistance. chaussure de tennis asics The offer is a full tuition coverage, [...]

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The 1-2-3-4 of a Four-Day Work Week in the Philippines

Every employee needs a break every now and then due to the stress and pressure encountered every day at the office. There are times where we just want an additional day off to keep us efficient and productive at work. With the new house bill being passed, would the additional hours of work be more beneficial for employees in order to have a longer weekend? 4 days + 4 hours The current labor code requires a maximum of 6-days of work [...]

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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. fjallraven rucksack 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 [...]

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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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Separation Pay vs Final Pay: What’s the Difference?

Talking to outgoing employees about final and separation pay can be quite tricky. A lot of people don’t know that there’s a difference between the two, so you’ll first have to identify which of them you should discuss. If an employee is entitled to both, you may have to distinguish one from the other. Doing so demands ample knowledge of the laws on salary and wages, something that we HR leaders are expected to have. Kanken Big So how [...]

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How to Compute 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. nike air max femme pas cher Fjallraven Kanken Rucksack nike air max soldes While some employees are taking their much anticipated breaks, a lot of people will work as usual. air max pas cher Fjallraven Rucksack nike requin Some will even render overtime hours for additional income. To field atypical questions and preempt unnecessary disputes, [...]

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Lessons from PLDT’s Recent Labor Controversy: Employee Regularization and Contracting in PH

As HR practitioners, we shouldn’t just be familiar with labor laws; we also need to make sure that our companies abide by them. Fjallraven Kanken Sales Taking care of employees involves sticking up for their rights, after all. Fjallraven Mochilas adidas ace Besides, no company wants to be identified with unfair labor practices. Last July 21, the Department of Labor and Employment (DOLE) ordered Philippine Long Distance Telephone Incorporation (PLDT) to regularize 8,720 employees. The said employees had been [...]

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Heads Up Tax Payers, The TRAIN is Coming

As per the table of tax comparisons in Asia, Philippines is tied with India for having the highest tax rate based on taxable profit at 30%. Kånken Rucksäcke This fuels the argument that the “poor becomes poorer, and the rich becomes ultra-rich.” This is why currently, the majority of consumers – who are taxpayers at the same time – find it hard to strike a balance between budget and expenses. bns gold However, this inequity is expected [...]

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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. ugg boots bailey 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 [...]

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