Employee Benefits
PHILIPPINES BENEFITS SUMMARY
Employees are eligible for most benefits program on the first day of
employment.
Holidays: Twelve (12) paid national regular holidays and Nine (9) national special holidays
per year as provided under Proclamation No. 986 (2021 Declared Holidays)
Vacation: Thirteen (13) vacation leave, with additional 1 day every year starting on the 3rd
year of service and convertible to cash at the end of each year. Maximum vacation leave is
18 days.
Retirement: The plan is 100% funded by the company calculated at one month’s base salary
per year of service based on the employee’s latest basic rate upon normal retirement at age
60, death or total and permanent disability. Early retirement benefit can be available to 10
years of service equal to 50% of normal retirement benefit.
2
PHILIPPINES BENEFITS SUMMARY
Employees are eligible for most benefits program on the first day of
employment.
Healthcare: The plan provides a comprehensive health care coverage for employees and
eligible dependents through Medicard’s accredited hospitals and doctors nationwide. The
annual premium for Principal/Employees is 100% shouldered by the company.
3
PHILIPPINES BENEFITS SUMMARY
Employees are eligible for most benefits program on the first day of
employment.
OTHER LEAVES:
Sick Leave: Twelve (12) days for the first two years of service and additional 1 day every year
starting on the 3rd year. Maximum total sick leave is 15 days. All unused leave are
convertible to cash at the end of the year.
Expanded Maternity Leave: One Hundred Five (105) days of paid maternity leave
Paternity Leave: All married male employees are eligible for 7 working days up to four (4)
child birth including miscarriage of legitimate spouse to be availed within sixty (60) days
from delivery/miscarriage.
4
PHILIPPINES BENEFITS SUMMARY
Employees are eligible for most benefits program on the first day of
employment.
Bereavement: Three (3) days applicable to immediate family member which includes the employee’s
children, parents, grandparents, brother, sister, spouse, and parents-inlaw.
Solo Parent Leave: Seven (7) working days
Calamity Leave: Two (2) days leave for employees who were affected by flood, fire and typhoon
(must be supported by a Government proclamation or may be declared by the Company)
Magna Carta for Women (Special Leave): Sixty (60) calendar days leave. This is given to all female
employees who underwent surgery caused by gynecological disorders and who have rendered at
least six (6) months continuous aggregate employment service for the last twelve (12) months prior
to surgery.
5
PHILIPPINES BENEFITS SUMMARY
Employees are eligible for most benefits program on the first day of
employment.
OTHER BENEFITS:
13th month: The Company grants a 13th month pay equivalent to one (1) month’s pay to all eligible employees
provided that they worked for at least one (1) month during a calendar year.
Mid-year Bonus: The company grants bonus equivalent to a maximum of half month base pay to all
probationary and regular employees.
Rice Allowance: The Company provides rice subsidy to all regular and probationary employees and credited to
their payroll account every 30th of the month
Meal Subsidy: The Company provides its employees with a meal allowance to partially cover daily meals
expenses. An employee must have rendered the minimum number of hours per day to get a full or half-meal
credit.
6
PHILIPPINES BENEFITS SUMMARY
Employees are eligible for most benefits program on the first day of
employment.
OTHER BENEFITS:
Attendance Bonus: A monetary incentive given to all Regular and Probationary Employees who are Job Grade 8
& below, and all Technicians. Associates must have perfect attendance in one (1) month with no tardiness,
undertime or unexcused absence.
Loyalty Token – Employees are recognized for their loyal and dedicated service to the company for every five
years of continuous service by the way of gift check or token, plus plaque of appreciation during the service
award ceremony.
7
Labor Relations
-term used to define the process between employers and employees,
management and unions in order to make decisions in organizations.
-The right of employees to self-organization as embodied in the 1987 Philippine
Constitution
Benefits of Great Labor Relations
1. Growth and Development
2. Reduction in Turnover
3. Employees have extensive knowledge of Company Practices
4. Enhanced Motivation
5. Increase in Revenue
6. Conflict Reduction
7. Employee Loyalty
8
COLLECTIVE BARGAINING
Collective bargaining is the process of negotiations between employers and a
group of employees aimed at reaching agreements that regulate working
conditions. The interests of the employees are commonly presented by
representatives of a trade union.
The Collective Bargaining Agreement (CBA) is the contract resulting from the
negotiations. In the Philippines, collective bargaining can be done through
single enterprise level negotiations or through the creation of a mechanism by
which different employers and recognized or certified labor unions in their
establishments bargain collectively (multi-employer bargaining). Registration
and procedure of collective bargaining are governed by DOLE Department
Order No. 40-03, as amended.
9
Thank You.
