Employee Benefits

Employee BenefitsLegally Mandated to be Given

29 October 2016

Statutory Monetary BenefitsStatutory Monetary Benefits are employee benefits required by law to be given to the employees.

The ones giving the benefits are:1. The Employer; or2. The Government.

Citation: 2016 Handbook on Statutory Monetary Benefits by DOLE-BWC

List of Employee BenefitsEmployer Government

Minimum Wage SSS BenefitsHoliday Pay Pag-IBIG BenefitsPremium Pay Philhealth BenefitsOvertime Pay ECC BenefitsNight Shift PayService ChargesService Incentive LeaveMaternity/Paternity/Solo Parental LeaveVAWC LeaveSpecial Leave for Women13th Month PaySeparation PayRetirement Pay


Covered EmployersWhen an employer is required to give these benefits, they are referred to as Covered Employers.

Not all establishments are required to give these benefits as will be shown in the next slide.


Compliance GuideLabor Standards Retail & Service Non-

Agriculture1 – 5 Workers 1 – 9 Workers

Minimum Wage √ √ √Holiday Pay N/A N/APremium Pay √ √ √Overtime Pay √ √ √Night Shift Pay N/A N/AService Charges √ √ √Service Incentive Leave N/A N/AMaternity/Paternity/Solo Parental Leave √ √ √VAWC Leave √ √ √Special Leave for Women √ √ √13th Month Pay √ √ √Separation Pay √ √ √Retirement Pay N/A N/A* √

Citation: 2016 Handbook on Statutory Monetary Benefits by DOLE-BWC*Employing not more than 10 workers

Agriculture EstablishmentAgriculture refers to “farming in all its branches and, among others, includes the cultivation and tillage of the soil, production, cultivation, growing and harvesting of any agricultural or horticultural commodities, dairying, raising of livestock or poultry, the culture of fish and other aquatic products in farms or ponds, and any activities performed by a farmer or on a farm as an incident to or in conjunction with such farming operations, but does not include the manufacturing and/or processing of sugar, coconut, abaca, tobacco, pineapple, aquatic or other farm products.”

Citation: 2016 Handbook on Statutory Monetary Benefits by DOLE-BWC, citing R.A. 6727 (Wage Rationalization Act)

Retail EstablishmentRetail Establishment is “one principally engaged in the sale of goods to end-users for personal or household use. A retail establishment that regularly engages in wholesale activities loses its retail character.”


Service EstablishmentService Establishment is “one principally engaged in the sale of service to individuals for their own or household use and is generally recognized as such.”


For more information:

Labor Law ComplianceBest Practices for Human Resource

www.laborlaw.ph

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