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Moreover, Philippine jurisprudence has long applied a rule that any doubts in the interpretation of law, especially the Labor Code, will be resolved in favor of labor and against management. The Labor Code has been amended numerous times since it was first enacted. The most significant amendment was brought about by the passage of Republic Act ...
The Wage Rationalization Act, or Republic Act 6727, was enacted in 1989 and it is the ruling law regarding minimum wage rates. It established the National Wages and Productivity Commission which has supervision over Regional Tripartite Wages and Productivity Boards, which ultimately decide on minimum wage rates.
The minimum bonus that the employer is required to provide is 8.33% of the employee's salary earned during the accounting year, and the maximum bonus that the employer can provide is 20% of the salary earned during the accounting year. The bonus is paid within eight months from the closing of the accounting year. [36]
The basic vacation allowance is a minimum of four weeks per calendar year and there are 13 paid public holidays. [54] [55] [56] Many employers give one week extra (so the total is five weeks of paid annual leave) as a bonus. Public holidays which happen on Saturday or Sunday are lost for the particular year – thus the average number of public ...
Thus, while the Civil Code seeks to govern all aspects of private law in the Philippines, a Republic Act such as Republic Act No. 9048 would concern itself with a more limited field, as in that case, the correction of entries in the civil registry. Still, the amendment of Philippine legal codes is accomplished through the passage of Republic Acts.
Elon Musk hit out at a Delaware judge's latest rejection of his mega pay package. The Tesla CEO described the ruling as "totally crazy" and "absolute corruption."
This work is in the public domain in the Philippines and possibly other jurisdictions because it is a work created by an officer or employee of the Government of the Philippines or any of its subdivisions and instrumentalities, including government-owned and/or controlled corporations, as part of their regularly prescribed official duties ...
The minimum required spend in the Philippines for FLIP projects are $353,000 for feature films, $53,000 for shorts, $141,000 for documentaries and $53,000 per episode for series, with a minimum of ...