Statutory Monetary Benefits

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Decks in this class (18)

R.A. 6727 “Wage Rationalization Act”
Agriculture farming in all its br...,
Authorized to determine the daily...,
Prescribe daily minimum wage rate...
21  cards
HOLIDAY PAY
Coverage applies to all employees...,
New year s day january 1 2,
Entitled to 100 of minimum wage e...
7  cards
PREMIUM PAY
Coverage all employees except gov...,
Special non working days 2,
No work no pay applies during spe...
3  cards
Overtime Pay
Coverage same as those covered in...,
Overtime on ordinary working days 2,
Premium pay for work on rest days...
3  cards
Night Shift Differential
Nsd is the additional compensatio...,
Coverage all employees except gov...
2  cards
SERVICE CHARGES
Definition of service charges 1,
Coverage all employees except man...,
Distribution of service charges 3
5  cards
SERVICE INCENTIVE LEAVE
Definition of service incentive l...,
Coverage of sil applies to every ...,
Meaning of one year of service 3
4  cards
MATERNITY LEAVE
Definition paid leave granted to ...,
Coverage applies to female employ...,
Duration 105 days with full pay 1...
5  cards
Paternity Leave
Definition refers to paid leave g...,
Coverage applies to all married m...,
Duration seven days leave with fu...
5  cards
Parental Leave for Solo Parents
Definition paid leave granted to ...,
Categories of solo parents 2,
Duration forefeitable and noncumu...
5  cards
Leave for Victims of Violence Against Women and Their Children (VAWC)
Definition paid leave granted to ...,
Coverage applies to all female em...,
Duration in addition to other pai...
5  cards
Special Leave for Women
Definition paid leave granted to ...,
Coverage all qualigied female emp...,
Duration magna carta of women fem...
5  cards
Thirteenth Month Pay
Definiton 1 12 of the total basic...,
Coverage all employers are requir...,
Amount not be less than 1 12 of t...
9  cards
Separation Pay
Definition compensation given to ...,
Coverage applies to an employee i...,
Amount 1 2 month pay per year of ...
7  cards
Retirement Pay
Definition compensation given to ...,
Coverage retirement age 60 65 yea...,
Amount minimum pay is equivalent ...
11  cards
Employees’ Compensation Program
Employees compensation program 1,
Coverage ecp covers the ff privat...,
Conditions of compensability 3
13  cards
SSS Benefits
Definition composed of package of...,
Coverage covers all employees inc...,
Benefits provided that contributi...
4  cards
Pag-Ibig Benefits
Home development mutual fund 1,
Coverage membership is mandatory ...,
Programs and benefits 3
8  cards

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Statutory Monetary Benefits

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