Professional Documents
Culture Documents
Workers Statutory Monetary Benefits
Workers Statutory Monetary Benefits
Workers Statutory Monetary Benefits
● Paternity Leave
⮚ Granted to all married male employees in the private sector
⮚ It shall be applied for the first 4 deliveries of the employee’s lawful wife
⮚ The purpose of this benefit is to lend support to his wife during her period of recovery
⮚ The paternity leave shall be 7 calendar days, with full pay
⮚ The usage of the leave shall be after the delivery
⮚ If the Paternity leave is not availed of, it shall not be convertible to cash
● Parental Leave for Solo Parents
⮚ It is granted to any solo parent or individual who is left alone with the responsibility of
parenthood due to the ff:
1. Giving birth as a result of rape
2. Death of spouse
3. Spouse is detained or serving sentence for a criminal conviction for atleast 1 year
4. Physical and/or mental incapacity of spouse as certified by a public medical practitioner
5. Legal separation from spouse for at least 1 year
6. Declaration of nullity or annulment of marriage
7. Abandonment of spouse for at least 1 year
8. Unmarried mother/father
9. Any other person who solely provides parental care and support to a child or children
10. Any family member who assumes the responsibility of head of family
⮚ The parental leave shall be 7 work days every year
⮚ It is non-convertible to cash when it is not availed
⮚ It will terminate its benefits when the parent claims that he/she is no longer left alone with the
responsibility of parenthood
● Leave for Violence Against Women and Children
⮚ Private sector women employees who are victims as defined in RA 9262 shall be entitled to the
paid leave benefit under such terms and conditions
⮚ It shall cover the days that the woman employee has to attend to medical and legal concerns
⮚ The only requirement is to present to her employer a certification from the barangay chairman
or barangay councilor or prosecutor or the Clerk of the Court
⮚ The victim-employee shall be entitled to a 10 day leave with full pay
● Special Leave for Women
⮚ Any female employee is qualifying for this benefit for those who will undergo surgery relating to
Gynecological Disorders
⮚ The employee is entitled to special leave benefit of 2 months with full pay
⮚ The special leave shall be granted to the qualified employee after she has undergone surgery
● 13th Month Pay
⮚ The 13th month pay shall not be less than 1/12 of the total basic salary earned
⮚ Total basic salary earned during the year/12 months = proportionate 13th month pay
⮚ The 13th month pay shall be paid not later than December 24th
⮚ Employees who are paid on piecework basis are entitled for 13th month pay
⮚ Paid with a fixed or guaranteed wage plus commission are entitled for 13th month pay
⮚ If the employee worked only for around 6 months or less than 12 months, they are still entitled
for the 13th month pay and it is equal to 1/12 of the basic salary earned during that period up to
the termination or resignation
● Separation Pay
⮚ An employee is entitled to receive a separation pay equivalent to half month pay for every year
of service, a fraction of 6 months being considered as 1 year.
⮚ If his/her separation from the service is due to any of the following authorized causes:
1. Retrenchment to prevent losses
2. Closure or cessation of operation of an establishment not due to serious losses of financial
reverses
3. When the employee suffering from a disease not curable within a period of 6 months
4. Lack of service assignment of security guard for a continuous period of 6 months
⮚ Notice of Termination: 1 month before the intended date of termination of the employee due to
the above authorized causes mentioned
⮚ If the reason of termination is just cause, the employee will not be entitled for a separation pay
● Retirement Pay
⮚ Employees shall be retired upon reaching the age of 60 years old; 65 years old is considered as
compulsory retirement age.
⮚ They are qualified for this benefit when they have served the establishment for atleast 5 years
⮚ The minimum retirement pay shall be equivalent to ½ month salary for every year of service
⮚ For Underground Mining Employees: 60 years old of compulsory retirement age; 50 years old
retirement age and served atleast 5 years
⮚ Racehorse Jockeys: 55 years old of compulsory retirement who are duly licensed by the
Philippine Racing Commission (PHILRACOM)
⮚ The Kasambahay and persons in the personal service of another are entitled to retirement
benefit
● Benefits Under the Employees’ Compensation Program
⮚ The benefits
1. Loss of income benefit – Due to his/her inability to work
2. Medical benefits – reimbursement of the cost for the illness or injury; the medical services
are limited to ward services of an accredited hospital
3. Rehabilitation Services – includes physical therapy, vocational training and special assistance
4. Carer’s allowance – provided for the employee who suffers from a work-connected
permanent partial and permanent total disability
5. Death and Funeral benefits – granted to beneficiaries of an employee in the event of
work-connected death
⮚ Kinds of Disability
1. Temporary Total Disability – an employee who is unable to work for a continuous period not
exceeding 120 days
2. Permanent Partial Disability – benefit which is given to a worker who loses a body part and
consequently the loss of the use of that body part
3. Permanent Total Disability – Given if the employee’s inability to work lasts for more than
240 days. This can be claimed in the following cases
⮚ Disability Benefits
2. Lump sum amount is granted to those with less than 36 monthly contributions.
⮚ Retirement: A cash benefit granted to the employee who are no longer working due to old age
⮚ A member who has paid atleast 120 monthly contributions to the SSS prior to the semester of
retirement
● Pag-IBIG
⮚ Employment shares on Monthly Contribution
- 1,500 and below = for Employee is 1%; for Employer is 2%
- Over 1,500 = for Employee is 2%; for Employer is 2%