Workers' Statutory Monetary Benefits Handbook 2024

A comprehensive set of vocabulary flashcards derived from the 2024 Handbook on Workers' Statutory Monetary Benefits, covering key terms and concepts related to labor laws and benefits in the Philippines.

Handbook

A book providing information or instructions on a specific subject, in this case, workers' statutory benefits.

Statutory Benefits

Benefits that are mandated by law, such as minimum wage, overtime pay, and leave entitlements.

Overtime Pay

Compensation for hours worked beyond the standard work schedule, usually calculated at a higher rate.

Night Shift Differential

An additional pay given to employees who work during the night hours.

Maternity Leave

Leave granted to female employees for childbirth, usually with specific duration and conditions.

Paternity Leave

Leave granted to male employees to care for their child during childbirth or when their partner suffers a miscarriage.

Service Charge

Income received by employees from service fees collected in various service industries, subject to distribution rules.

Minimum Wage

The lowest legal salary that employers can pay their employees.

Domestic Helpers

Also known as 'Kasambahay', refer to household workers employed to perform various domestic tasks.

Republic Act No. 11360

A law amending the Labor Code of the Philippines regarding service charges.

Department Order 242, Series of 2024

An update from DOLE revising the rules and regulations concerning statutory benefits.

DOLE

Department of Labor and Employment, the government agency overseeing labor laws and workers' rights in the Philippines.

Euniz Johanne G. Bingil

The artist credited with the cover design of the 2024 Handbook on Workers’ Statutory Benefits.

Industrial Peace

A state of harmony between employers and employees, minimizing conflicts and disputes.

Eligibility

The conditions under which an employee qualifies for certain benefits or entitlements.

Service Incentive Leave

A statutory benefit providing paid leave for employees who have completed a year of service.

Availing Leave

The process through which employees request and take entitled leaves.

DOLE-Regional Offices

Local branches of the Department of Labor and Employment that provide assistance to workers and employers.

Professional and Personal Lives

Aspects of an individual's career and personal relationships, often emphasized for balance.

Contact Details

Information regarding how to reach an organization or office, including phone numbers and emails.

Filipino Workforce

The labor force comprising employees working in various sectors within the Philippines.

Statutory Leave Benefits

Entitlements to different types of leave such as maternity, paternity, and personal leave mandated by law.

Conditions for Entitlement

Specific criteria that must be met for employees to qualify for certain benefits.

Conversion of Leave

The process of changing leave entitlements, such as converting maternity leave into cash, under certain conditions.

Updates on Labor Standards

Current information reflecting changes in laws and regulations affecting workers' rights.

Guidance on Wages

Advice and information provided to workers regarding their compensation and benefits.

Informed Workforce

A workforce that is educated about their rights and benefits, empowering them to make informed decisions.

Gainful Employment

Employment that provides a reasonable wage and improves the employee's quality of life.

Statutory Monetary Benefits

Financial benefits employees are entitled to under the law, including wages and bonuses.

DOLE Building

The headquarters of the Department of Labor and Employment in the Philippines.

Section Titles

Specific headings in the handbook that outline various sections of the content.

Frequently Asked Questions

Common inquiries and clarifications provided regarding labor laws and benefits.

Public Inquiries

Questions or requests for information from the general public directed to government offices.

Bagong Pilipinas

A vision for a new Philippines with a secure and comfortable life for every family, as articulated in the Department's message.

Special Non-Working Day

A day specified by law when employees do not have to work but may be entitled to certain benefits if they do.

Regular Holidays

Designated public holidays during which employees are entitled to paid leave.

Double Holiday

A scenario where two holidays coincide, usually resulting in increased pay for working on that day.

Leave Durations

The specified timeframe for which employees are entitled to take leave.

Wage Orders

Legal decrees issued to adjust wages for workers in various sectors.

Workplace Benefits

Additional perks or compensation given to employees, apart from regular wages.

Professional Development

Ongoing training and education that enhance an employee's skills and knowledge.

Labor Code of the Philippines

The comprehensive set of laws regulating labor standards, employer-employee relations, and workers' rights in the Philippines.

Schedule of Benefits

A detailed outline of the different benefits available to employees as per labor laws.

Health Benefits

Compensation or support for medical costs provided to employees.

Employee Qualifications

The criteria that employees must meet to be eligible for certain positions or benefits.

Collective Bargaining Agreement

A written legal contract between an employer and a group of employees outlining terms of employment.

Support for Workers' Welfare

Efforts and policies aimed at promoting the well-being of employees in the workplace.

Professional Empowerment

Supporting individuals in their careers through training and knowledge dissemination.

Workplace Safety Regulations

Laws and standards designed to ensure safe working environments for employees.

Labor Rights

Legal rights granted to workers protecting them in the workplace.

Accountability of Employers

The responsibility of employers to adhere to regulations and treat employees fairly.

Employee Benefits Administration

The process of managing and distributing employee benefits as per company and legal requirements.

Pangulong Ferdinand R. Marcos, Jr.

The current President of the Philippines, mentioned in the context of his vision for a better nation.

Labor Relations

The relationship between employers and employees, often involving negotiations and agreements.

Economic Justice

Fairness in terms of economic opportunities and benefits for all, particularly for workers.

Transparency in Employment

The principle of providing clear information about job expectations, wages, and benefits.

Welfare Programs

Initiatives designed to support and improve the quality of life for workers.

Rights of Domestic Workers

Legal protections and entitlements specific to individuals employed in domestic roles.

Employment Standards

Guidelines that govern minimum employee rights and employer responsibilities.

Statutory Compliance

The obligation of employers to adhere to laws and regulations applicable to their operations.

Labor Education

Programs that educate employees about their rights and regulations concerning labor laws.

Family Leave Policies

Policies that provide leave rights to employees for family-related responsibilities.

Employer Compliance

The necessity for employers to follow labor laws and regulations.

Paid Leave

Time off work that employees receive compensation for, such as vacation or sick days.

Job Security

The assurance that employees will retain their employment without the risk of termination.

Workplace Culture

The environment and values that shape the behavior and attitudes of employees in a workplace.