Professional Documents
Culture Documents
For Reference Purpose Only
For Reference Purpose Only
FREDERICK G. ANDAL
FinMgt 1102
I. INTRODUCTION
Nowadays, more people realize the real value of their health. They tend to change
and improve their lifestyle including choosing healthier food to eat. However, many
are having difficulty in preparing healthy foods especially those who have little to no
time because of overloaded work schedules. As a result, they usually eat processed
food or they just order at fast-food restaurants. Worse, some people forgot to eat on
time.
This problem gives birth to "Where's My Meal?", a food company that will help
people to achieve their health goals by providing the right food at the right time, and
right on your place. Where's My Meal will be your chef providing you food for a
specific diet. By using our service, you can customize your food program based on
what you want to eat and what your goals are.
Customers can avail of the service by visiting the company's website or by installing
a mobile app. They will be asked to sign up and make their customized diet plan. This
includes what foods they prefer to eat and what allergies do they have if any. Besides,
they can input their current health statuses like weight, blood pressure, sugar levels,
and many more. They can also specify their goal like for example: to gain or lose
weight. The company also offers pre-made diet plans for those who want to make it
easy and simple. To make it convenient for the customers, the company will send their
food automatically so that you will not forget your meals. Customers also have an
option to indicate where they want their meals to be delivered; whether at work or
home. They can also choose whether they want a weekly or monthly plan. There is a
variety of payment options for them to choose from; from online payment to cash on
delivery.
Where's My Meal will be your solution to be able to eat healthy foods for you and
your family. It guarantees a healthy yet delicious meal. By using our service, you can
have a healthy eating habit without too much effort and time.
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Republic of the Philippines
BATANGAS STATE UNIVERSITY
Pablo Borbon Main I
Rizal Avenue, Batangas City
B. MISSION
Where's My Meal? is a business that provides a variety of foods for a
specific diet program you choose. The food will be healthy yet savory which
will includes foods from different food groups. The purpose of this service is to
optimize the time needed to prepare quality meals and to never skip a meal.
This makes it easy for people to follow a healthy eating habit without too much
effort and time.
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Republic of the Philippines
BATANGAS STATE UNIVERSITY
Pablo Borbon Main I
Rizal Avenue, Batangas City
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Republic of the Philippines
BATANGAS STATE UNIVERSITY
Pablo Borbon Main I
Rizal Avenue, Batangas City
corporate internet access is for business mainly. But as long as they don't interfere with
your job duties, you can sometimes use our connection for personal purposes.
o Company Property Protection
Employees should safeguard business premises and other material properties
whether tangible or intangible. Business machinery should not be misused or
frivolously used. All sorts of incorporeal properties should be respected. This includes
trademarks, copyrights and other properties (information, reports, etc.) Workers can
only use them to fulfill their job responsibilities.
o Respect in the Workplace
Their colleagues should respect all workers. We will not tolerate discriminatory
behavior, abuse or victimization of any sort. In all facets of their jobs, from recruiting
and performance assessment to interpersonal interactions, workers should comply with
our equal opportunity policy.
o Regulation Enforcement
All staff must safeguard the legality of our company. They should comply with all
laws concerning the environment, protection and fair dealing. When dealing with the
budgets, goods, relationships and public image of our business, we expect employees
to be ethical and accountable.
o Conflict of interest
Your personal objectives are no longer consistent with your obligations to us when
you encounter a conflict of interest. For instance, owning one of our competitors' stocks
is a conflict of interest. You may be presented with an ethical issue in other situations.
For instance, it can help you financially to accept a bribe, but it is illegal and against
our business code of ethics. You will lose your job and can face legal trouble if we
become aware of such behavior.
o Disciplinary Actions
Our firm may have to take disciplinary action against individuals who refuse to
follow our code of conduct repeatedly or knowingly. Depending on the offense,
administrative measures can vary. Possible implications include: demotion, reprimand,
suspension for more serious offenses, or termination. In instances of corruption, fraud,
embezzlement or other unlawful behavior, we can take legal action.
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Republic of the Philippines
BATANGAS STATE UNIVERSITY
Pablo Borbon Main I
Rizal Avenue, Batangas City
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Republic of the Philippines
BATANGAS STATE UNIVERSITY
Pablo Borbon Main I
Rizal Avenue, Batangas City
percent (130%) of his regular pay on first eight hours of work in special day. If the
special day is also his rest day, one hundred and fifty percent (150%) will be paid.
Meanwhile, in work done on regular holidays, an employee is entitled to a double
pay (200% of his regular daily rate).
▪ Night Shift Differential
Also referred to as night shift pay, it applies to employees working between
10:00 PM and 6:00 AM. For every hour at work, an extra 10 percent premium is
added.
▪ 13th Month Pay
Sometimes misunderstood as the Christmas Bonus, it's a cash bonus
mandated by law which is equal to your one-month salary. The company will give
this to qualified employees before December 24 based on the regulations.
▪ Christmas Bonus
This is a voluntary gesture of the company which will depend on the annual
performance of the company. This will motivate employee to do their best to help
in increasing sales and maximizing profit.
▪ Separation Pay
Separation pay is included in the Labor Code and is paid to the company's
dismissed workers. Those terminated due to incompetence or participation in crime
are the only exception.
▪ Retirement Pay
A retirement pay equal to at least half a month of compensation for each
year of service can be given to an employee who has worked for the company for
at least five years at the age of 60 years or more. A fraction of six months or more
is considered to be one whole year. 15 days of salary depending on the current salary
scale, cash equivalent of 5 days of service bonus leave, one-twelfth (1/12) of the
13th month of pay are included in the one-half pay.
o Leave Benefits
▪ Service Incentive Leave
Under Article 95 of the Labor Code, an employee who has served for one
year is entitled to five (5) full-pay SILs. These may be used for leave or sick leave
for holiday.
▪ Parental leaves
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Republic of the Philippines
BATANGAS STATE UNIVERSITY
Pablo Borbon Main I
Rizal Avenue, Batangas City
a. Maternal leave - 105 days of paid maternity leave credits are given to any
pregnant woman employee who has worked with the company for at least 6
months. The law also requires new mothers, although this would be free, to
extend this leave for an additional 30 days.
b. Paternal Leave – this gives married fathers seven (7) days of fully paid
leave. This is effective after the legal spouse's first four deliveries. Seven days
of paid maternity leave credits for a mother can be transferred to fathers under
the EML, expanding the permissible seven-day paternity to 14.
c. Solo Parent - For every year of service, solo or single mothers and fathers
have seven days of leave with pay, in addition to other leave benefits, e.g.
Maternity or Leave to Paternity. The EML protects solo mothers, but they still
get paid maternity leave credits for 105 days. Solo mothers, however will
extend their leave for 15 days, and leaves should be compensated for.
▪ Bereavement Leave
This is an extra 3 days off from work to mourn the loss of immediate family
members such as mother, father, siblings, and kids. It should be remembered that
this is not a paid.
o Mandatory Government Contributions
Based on their salaries, the following government contribution would be
automatically taken from regular employees:
▪ SSS
The Social Security System acts as a government-set insurance policy for
all private institutional wage earners (the equivalent for government employees is
GSIS) in the world. Based on their pay bracket, participants are expected to pay a
considerable amount.
▪ PhilHealth
It acts as a private employee health benefit policy with health care financial
support and service rights.
▪ Pag-IBIG
Pag-IBIG is another type of national savings program and the funding office
for affordable shelter, also known as the Home Development Mutual Fund
(HDMF).
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Republic of the Philippines
BATANGAS STATE UNIVERSITY
Pablo Borbon Main I
Rizal Avenue, Batangas City
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Republic of the Philippines
BATANGAS STATE UNIVERSITY
Pablo Borbon Main I
Rizal Avenue, Batangas City
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Republic of the Philippines
BATANGAS STATE UNIVERSITY
Pablo Borbon Main I
Rizal Avenue, Batangas City
will do these for the employee to know that their individual efforts are important for
achieving those.
o Using Performance Management Software
Incorporating technology can make the work easier and more effective. The
company will use a software that will enhance employees’ engagement in performance
management. This will not only save time but also produced a more accurate result.
This allows employee for quick reporting that will also develop their technical skills.
o Frequent Feedbacks on Performance
The managers and supervisors in the company will be required to give a frequent
feedback regarding the performance of their subordinates. This will help the employees
to know on which area they are doing well. By appraising their performance, they will
be more motivated to perform better. Also, giving frequent feedback is really helpful
especially if there is a situation where an employee really needs to improve. Instead of
waiting for monthly or annual evaluation, the managers should talk about the matter as
soon as possible.
o Using 360 Degree Review
Because managers are not always there to evaluate the employees from time to
time, peer reviews work great. The company will have a performance management
system where co-workers also give feedback to their colleagues. This is essential
because they are the one who see each other every time.
o Setting Regular Meetings
One of the strategies of the company to manage performance effectively is for the
team to have a meeting. This can be done weekly, monthly, or as needed. By doing
this, the team will be always updated on progress of the company whether it is
achieving its objectives or not.
o Giving Employees Various Opportunities for Development
Employee development is like opening door to new opportunities and higher
position in the company. Where’s My Meal Inc. will give its employees the
development they need as a person and as a professional. This will also benefit
company by reducing turnover rate and retaining key persons. This will be done using
various methods like workshops and seminars, educational opportunities, and
mentorship.
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Republic of the Philippines
BATANGAS STATE UNIVERSITY
Pablo Borbon Main I
Rizal Avenue, Batangas City
X. REFERENCES
Employee Benefits in the Philippines: Complete List, Guide, and FAQs. Retrieved
from: https://www.ecomparemo.com/info/heres-a-full-list-of-mandatory-benefits-
for-regular-employees-in-the-philippines
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