Leaves/benefits - understanding the costs of labor FAQ (v2022-1)
In addition to the basic pay of my employees, what are the other benefits that I must provide?
In general, you are required to provide:
- paid leaves;
- employer's share in contributions for social security, Pag-ibig (gov't housing), Philhealth;
- holiday pay;
- thirteenth month pay.
If sometimes, the workload is high and I ask my employees to work longer or during holidays, what additional benefits do I need to look out for?
You need to be aware of the legal requirements for:
- overtime,
- night shift differential,
- payments for work on holidays.
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