Handbook on Workers' Statutory Monetary Benefits

Minimum Wage

Legally mandated lowest hourly wage for workers.

Coverage

Scope of employees entitled to minimum wage.

Minimum Wage Rates

Specified amounts for different worker categories.

Compensable Working Hours

Hours eligible for wage payment under law.

Hours Worked

Total hours an employee is engaged in work.

Waiting Time

Time spent waiting for work to commence.

Meal and Rest Periods

Designated times for meals and breaks during work.

Monthly-Paid Employees

Workers receiving fixed monthly salaries.

Daily-Paid Employees

Workers compensated based on daily work hours.

Estimated Equivalent Monthly Rate (EEMR)

Calculation for monthly pay based on daily wages.

Subsidized Meals

Employer-provided meals at reduced costs.

Kasambahay Wage

Minimum wage for domestic workers in the Philippines.

Penalty for Wage Violations

Legal consequences for not adhering to wage laws.

Barangay Micro Business Enterprises (BMBEs)

Small enterprises eligible for specific wage exemptions.

Workers Paid by Results

Compensation based on output rather than hours.

Holiday Pay

Additional pay for work on designated holidays.

Regular Holidays

National holidays recognized by law.

Holiday Pay Rates

Specific rates for holiday work compensation.

Premium Pay

Extra compensation for work on special days.

Overtime Pay

Additional pay for hours worked beyond regular time.

Night Shift Differential

Extra pay for work performed during night hours.

Service Charges

Fees collected for services, often shared among workers.

Service Incentive Leave

Leave entitlement based on length of service.

One Year of Service

Duration required to qualify for service incentives.

Special Non-Working Days

Days designated by law where no work is required.

Special Working Days

Days where work is required but may have different pay.

Guide Computations

Methods for calculating various employee compensations.

Maternity Leave

Leave granted to mothers for childbirth and recovery.

Paternity Leave

Leave granted to fathers for childbirth support.

Parental Leave for Solo Parents

Leave for single parents to care for children.

Leave for VAWC Victims

Leave for victims of violence against women and children.

Special Leave for Women

Additional leave benefits specifically for female employees.

Thirteenth-Month Pay

Annual bonus equivalent to one month's salary.

Thirteenth-Month Pay Coverage

Applicable to all employees receiving regular wages.

Thirteenth-Month Pay Amount

Calculated based on total earnings for the year.

Thirteenth-Month Pay Computation

Total basic salary divided by 12 months.

Time of Thirteenth-Month Pay Payment

Paid by December 24 each year.

Separation Pay

Compensation for employees terminated under specific conditions.

Separation Pay Coverage

Applicable to employees separated from service.

Separation Pay Amount

Based on length of service and last salary.

Retirement Pay

Compensation for employees upon retirement.

Retirement Pay Coverage

Applicable to employees retiring under company policy.

Retirement Pay Amount

Determined by final salary and years of service.

Retirement Pay Computation

Formula based on employee's final salary.

Collective Bargaining Agreement

Contract outlining employee benefits and rights.

Retirement Benefit for Part-Time Workers

Pro-rated benefits based on hours worked.

Retirement Benefit for Mine Employees

Special provisions for underground or surface mine workers.

Retirement Benefit for Jockeys

Specific retirement benefits for racehorse jockeys.

Conditions for Entitlement

Criteria that must be met to receive leave or pay.

Frequency of Availment

How often leave can be taken by employees.

Income Tax on Benefits

Tax implications for thirteenth-month and separation pay.

Notice of Termination

Required notification before employee separation.

Non-Inclusion in Regular Wage

Certain benefits excluded from regular salary calculations.

Report of Compliance

Documentation proving adherence to pay policies.

Retirement Benefits

Financial support provided after employment ends.

Income Tax Coverage

Tax regulations affecting retirement pay.

Employees' Compensation Program

System providing benefits for work-related injuries.

Compensable Diseases

Illnesses eligible for compensation under the program.

Compensable Injuries

Injuries recognized for compensation eligibility.

Notification of Claims

Process for informing about compensation claims.

PhilHealth Benefits

Health insurance benefits under the national program.

Social Security Benefits

Financial support from social security system.

Pag-IBIG Benefits

Housing fund benefits for employees.

Wage Rationalization Act

Law governing minimum wage across sectors.

Retail Establishment

Business selling goods to end-users.

Service Establishment

Business providing services to individuals.

Regional Wage Boards

Groups determining minimum wage by region.

Parental Leave

Leave for parents to care for children.

13th-Month Pay

Additional salary given at year-end.

ECC Benefits

Benefits from the Employees' Compensation Commission.

Membership Contribution

Payments made by employees for benefits.

Conditions of Compensability

Criteria determining eligibility for compensation.

Benefits

Various forms of support provided to employees.

Wage Orders

Regulations for wage increases in private sector.

Daily Minimum Wage

Lowest wage rate for workers per day.

RTWPB

Regional Tripartite Wages and Productivity Board.

NWPC

National Wages and Productivity Commission.

BMBEs

Barangay Micro Business Enterprises exempt from Wage Orders.

Exemption Period

Maximum one year exemption from Wage Orders.

Minimum Wage Rates (MWR)

Current wage rates across different regions.

NCR

National Capital Region with highest wage rates.

Compensable Hours

Hours considered for wage payment.

Normal Working Hours

Standard eight hours workday for wage calculation.

Attendance Conditions

Criteria for non-compensable attendance at events.

Meal Period

Minimum one hour off for meals required.

Rest Periods

Short breaks considered as compensable working time.

Applicable Daily Rate (ADR)

Daily wage used for EEMR calculation.

Ordinary Working Days

Days typically worked in a year.

Factor 365

Total days in a year for salary calculations.

Wage Increase

Increment in minimum wage rates.

Service/Retail Establishments

Businesses employing 15 workers or less.

Manufacturing Establishments

Factories employing less than 10 workers.

Compensable Working Time

Time counted for wage payment.

Emergency Work

Work required to prevent serious loss.

Interruptions in Work

Non-controllable breaks counted as working time.

EEMR

Equivalent Monthly Minimum Rate for daily-paid employees.

Rest Days

Days off work, including Sundays and holidays.

Kasambahayi

Domestic workers entitled to minimum wage protections.

Wage Adjustment

Periodic review of minimum wage rates by RTWPBs.

No Work, No Pay

Principle allowing wage deductions for unworked days.