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  2. Labor Code of the Philippines - Wikipedia

    en.wikipedia.org/wiki/Labor_Code_of_the_Philippines

    The Labor Code sets the rules for hiring and firing of private employees; the conditions of work including maximum work hours and overtime; employee benefits such as holiday pay, thirteenth-month pay and retirement pay; and the guidelines in the organization and membership in labor unions as well as in collective bargaining. The prevailing ...

  3. Labor policy in the Philippines - Wikipedia

    en.wikipedia.org/wiki/Labor_Policy_in_the...

    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. Under the regime of the President [Ferdinand Marcos], it was promulgated on May 1, 1974 and took effect November 1, 1974, six months after its promulgation.

  4. Endo contractualization - Wikipedia

    en.wikipedia.org/wiki/Endo_contractualization

    Endo (derived from "end-of-contract") [1] refers to a short-term employment practice in the Philippines.It is a form of contractualization which involves companies giving workers temporary employment that lasts them less than six months and then terminating their employment just short of being regularized in order to skirt on the fees which come with regularization.

  5. As inflation cools, employee pay raises are on the decline

    www.aol.com/finance/inflation-cools-employee-pay...

    Next year, employers expect to hand out raises of 3.5%, down from 3.6% on average in 2024, per Payscale’s Salary Budget Survey. “The biggest things that impact pay increase budgets are ...

  6. 401(k) withdrawal rules: What to know before cashing out ...

    www.aol.com/finance/what-are-401k-withdrawal...

    The minimum withdrawal age for a traditional 401 (k) is technically 59½. That’s the age that unlocks penalty-free withdrawals. You can withdraw money from your 401 (k) before 59½, but it’s ...

  7. Worried about outliving your savings? How to plan your ... - AOL

    www.aol.com/finance/maximizing-returns-from...

    How much to withdraw during retirement: The 4% rule of thumb. Figuring out how much to take out during retirement isn’t always easy. The 4% rule was designed to help retirees make regular ...

  8. Unemployment benefits - Wikipedia

    en.wikipedia.org/wiki/Unemployment_benefits

    v. t. e. Unemployment benefits, also called unemployment insurance, unemployment payment, unemployment compensation, or simply unemployment, are payments made by governmental bodies to unemployed people. Depending on the country and the status of the person, those sums may be small, covering only basic needs, or may compensate the lost time ...

  9. 14 Retirement Rules You Need To Know Now - AOL

    www.aol.com/finance/14-retirement-rules-know-now...

    Almost half of American households reportedly have no retirement savings at all, and only about a quarter (26%) have saved more than $100,000. Awareness about the need to plan for retirement has ...

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