Finals Flashcards
(23 cards)
mandates the fixing of the minimum wages applicable to different industrial sectors, namely, nonagriculture, agriculture plantation, and non-plantation, cottage/handicraft, and retail/service, depending on the number of workers or capitalization or annual gross sales in some sectors.
Republic Act No. 6727 or the “Wage Rationalization Act
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
Agriculture
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.
Retail establishment
is one principally engaged in the sale of service to individuals for their own or household use and is generally recognized as such.
Service establishment
authorized to determine the daily minimum wage rates in the following different regions based on established criteria
Regional Tripartite Wages and Productivity Boards (RTWPBs)
are those who are paid every day of the month, including unworked rest days, special days, and regular holidays. Factor 365 days in a year is used in determining the equivalent monthly salary.
“Monthly-paid employees”
are those who are paid on the days they actually worked and on unworked regular holidays
Daily-paid employees
refers to the payment of the regular daily wage for any unworked regular holiday.
Holiday pay (Article 94)
refers to the additional compensation for work performed within eight (8) hours on rest days and special days.
PREMIUM PAY (Articles 91-93)
refers to the additional compensation for work performed beyond eight (8) hours a day.
OVERTIME PAY (Article 87)
refers to the additional compensation of ten percent (10%) of an employee’s regular wage for each hour of work performed between 10 p.m. and 6 a.m.
NIGHT SHIFT DIFFERENTIAL (Article 86)
refer to the amount collected by establishments, such as hotels, restaurants and other similar establishments, that is added to the bills for work or services rendered.
SERVICE CHARGES (Article 96, as amended by RA No. 11360p)
refers to the paid leave of five (5) days granted to an employee who has rendered at least one (1) year of service that may be used for sick, vacation, and other leave purposes.
SERVICE INCENTIVE LEAVE (Article 95)
means service within twelve (12) months, whether continuous or broken, reckoned from the date the employee started working. The period includes authorized absences, unworked weekly rest days, and paid regular holidays. If through individual or collective agreement, company practice or policy, the period of the working days is less than twelve (12) months, said period shall be considered as one year for the purpose of determining the entitlement to the service incentive leave.r
one year of service
refers to the paid leave granted to a female employee for every instance of pregnancy, miscarriage, and emergency termination of pregnancy, regardless of frequency, providing her an ample transition time to regain health and overall wellness and to assume maternal roles.
MATERNITY LEAVE (RA 8282, as amended by RA 11210u)
refers to the paid leave granted to a married male employee allowing him to lend support to his lawful wife during her period of recovery and/or in nursing of their newborn child, including miscarriage.
PATERNITY LEAVE (RA 8187)
refers to the paid leave granted to a qualified solo parent to enable the performance of parental duties and responsibilities where physical presence is required or beneficial to the child.
PARENTAL LEAVE FOR SOLO PARENTS (RA 8972, as amended by RA 11861x)
refers to the paid leave granted to a female employee who is a victim of violence against women and their children allowing her to attend to medical and legal concerns at any time during the application of any protection order, investigation, prosecution and/or trial of the criminal case.
LEAVE FOR VICTIMS OF VIOLENCE AGAINST WOMEN AND THEIR CHILDREN (VAWC) (RA 9262)
refers to the paid leave granted to a female employee allowing her to recuperate following surgery caused by gynecological disorders for a period of up to two (2) months.
SPECIAL LEAVE FOR WOMEN (RA 9710) A
refers to one-twelfth of the total basic salary earned by an employee within a calendar.
THIRTEENTH-MONTH PAYdd (PD 851)
is a compensation given to an employee who is terminated from employment due to authorized causes provided in Articles 298 and 299 of the Labor Code of the Philippines, as renumbered.
SEPARATION PAY (Articles 298-299)
refers to the compensation given to a retiring employee pursuant to Article 302 of the Labor Code of the Philippines, as renumbered.
RETIREMENT PAY (Article 302ss)
is a government program that provides a package of benefits to all workers and/or their beneficiaries in the event of a work-related sickness, injury, disability or death. The ECP is implemented by the Employees’ Compensation Commission (ECC), a government corporation attached to the Department of Labor and Employment for policy coordination and guidance.
EMPLOYEES’ COMPENSATION PROGRAM (PD 626)
