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 maundy t...,
Entitled to 100 of minimum wage e...
7  cards
PREMIUM PAY
Coverageall employees except gove...,
Special non working days for the ...,
No work no pay applies during spe...
3  cards
Overtime Pay
Gshshbe,
Overtime on ordinary working days...,
Premium pay for work on rest days...
3  cards
Night Shift Differential
Nsd is the additional compensatio...,
Coverageall employees except gove...
2  cards
SERVICE CHARGES
Definition of service chargesamou...,
Coverage all employees except man...,
Distribution of service charges a...
5  cards
SERVICE INCENTIVE LEAVE
Definition of service incentive l...,
Coverage of sil applies to every ...,
Meaning of one year of service se...
4  cards
MATERNITY LEAVE
Definitionpaid leave granted to a...,
Coverage applies to female employ...,
Duration 105 days with full pay 1...
5  cards
Paternity Leave
Definitionrefers to paid leave gr...,
Coverageapplies to all married ma...,
Duration seven days leave with fu...
5  cards
Parental Leave for Solo Parents
Definition paid leave granted to ...,
Categories of solo parents parent...,
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
Definiton1 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
Definitioncompensation given to a...,
Coverage retirement age 60 65 yea...,
Amountminimum pay is equivalent t...
11  cards
Employees’ Compensation Program
Employees compensation program go...,
Coverageecp covers the ff private...,
Conditions of compensability comp...
13  cards
SSS Benefits
Definition composed of package of...,
Coveragecovers all employees incl...,
Benefits
4  cards
Pag-Ibig Benefits
Home development mutual fund pagt...,
Coveragemembership is mandatory f...,
Programs and benefitsprovident sa...
8  cards

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Statutory Monetary Benefits

  • Class purpose General learning

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