Search results
Results from the WOW.Com Content Network
The Labor Code of the Philippines governs employment practices and labor relations in the Philippines. It also identifies the rules and standards regarding employment such as pre-employment policies, labor conditions, wage rate, work hours, employee benefits, and termination of employees.
The National Labor Relations Commission (Filipino: Pambansang Komisyon sa Ugnayang Paggawa, abbreviated NLRC) is a quasi-judicial agency tasked to promote and maintain industrial peace based on social justice by resolving labor and management disputes involving local and overseas workers through compulsory arbitration and alternative modes of dispute resolution.
Article 99 of the Labor Code of the Philippines stipulates that an employer may go over but never below minimum wage. Paying below the minimum wage is illegal. [10] The Regional Tripartite Wages and Productivity Boards is the body that sets the amount for the minimum wage. In the Philippines, the minimum wage of a worker depends on where he works.
Learn about performance-based bonuses, their types, implementation, and benefits. Discover how to motivate employees and boost company success.
- Bonus schemes: In the context of corporate finance and compensation, a bonus is a form of additional compensation awarded to employees, typically based on performance metrics or achieving specific goals. Bonuses can be monetary or non-monetary and are often used to incentivize employees to meet or exceed their performance targets.
The bonus is paid within eight months from the closing of the accounting year. [36] Indonesia: religious-holiday bonus, paid at least one week before the holiday; Philippines: the Labor Code states this bonus, commonly called "13th month pay", must be paid in sum to employees who have worked for at least a month within the calendar year. [37]
The Philippine House Committee on Labor and Employment, or House Labor and Employment Committee is a standing committee of the Philippine House of Representatives. Jurisdiction [ edit ]
February 8, 2024 [55] 56 Regulating the issuance of low-numbered (protocol) license plates to government officials March 25, 2024 [56] 57 Strengthening the Philippines’ maritime security and maritime domain awareness [57] 58 Adopting the National Cybersecurity Plan 2023-2028, and directing the implementation thereof April 4, 2024 [58] 59