14th Month Pay For All Private Employees: What We Need To Know

First of all, the act mandating 14th-month pay for Pinoy employees is still undergoing deliberation and has not been approved by Congress yet.  So the news saying that this has been approved already is fake.  So do not believe any post you see online telling you that this is now in effect. Also, the bill hasContinue reading “14th Month Pay For All Private Employees: What We Need To Know”

What You Need to Know About Your 13th Month Pay

Are you excited to receive this year’s 13th-month pay?  I know a lot of employees are eagerly awaiting the release of this yearly windfall.  It is always good to have extra funds for the holidays. Today we will be sharing with you the top 10 things you need to know about your 13th-month pay.  If this isContinue reading “What You Need to Know About Your 13th Month Pay”

Mandatory Employee Benefits in the Philippines

The Department of Labor and Employment is responsible in implementing policies, programs, and services to protect the Filipino rights and privileges as an employee, worker, or laborer.  It is tasked with the enforcement of the provisions of the Labor Code. If you are a first-time employee, or one who has yet to be acquainted withContinue reading “Mandatory Employee Benefits in the Philippines”

Everything We Need to Know About 13th Month Pay

Now that the holiday season is fast approaching, most, if not all, employees are once again eagerly awaiting the release of abundant financial blessings from their respective companies and employers.  One of the most awaited windfall is the government-mandated 13th month pay to be released to all employees, regardless of their designation or employment statusContinue reading “Everything We Need to Know About 13th Month Pay”

One Year Later: Government to Reform Income Tax Packages for 13th Month Pay

One of the best news of 2015 was the higher tax exemption for 13th month pay and other bonuses for income accrued beginning January 1, 2015.  The government raised the income ceiling to Php 82,000.00 giving employees from the private sectors and the government more room to enjoy their full one-month salary, incentives, and bonusesContinue reading “One Year Later: Government to Reform Income Tax Packages for 13th Month Pay”

Something to Look Forward to: 14th Month Pay For Private Employees

The Senate is pushing a proposal for private employees to be granted a 14th month pay to augment mid-year expenses such as school enrollment and medical needs.  The recent P10 increase in the minimum wage is inadequate if it is meant to help a regular employee respond to the rising prices of basic commodities. HereContinue reading “Something to Look Forward to: 14th Month Pay For Private Employees”