Recruitment and Selection

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Part IV. Other Corporate Provisions|
by Law and/or by CBA (Fringe Benefits)|
BSBA HRDM 2-1 Group 4 Prof. Delmo|

Arquiza, Angelica Fe
Briones, Ahjhay
Casiño, Romie Nick
De Leon, Anne Beatriz
Gabriel, Cherrie Mae
Itable, Patricia Ericca
Magbanlag, Khate
Perona, Jessa Mae
Villar, Darwin

Arquiza, Angelica Fe
Briones, Ahjhay
Casiño, Romie Nick
De Leon, Anne Beatriz
Gabriel, Cherrie Mae
Itable, Patricia Ericca
Magbanlag, Khate
Perona, Jessa Mae
Villar, Darwin

Other Corporate Provisions|Fringe Benefits
Supplementary compensation plans or the fringe benefits may or may not be provided to employees of some organizations in the Philippines. Some organizations give only those that are required by the law, custom and or traditions. Most of the benefits are given out of the realization of their need by employers as a result of a collective bargaining between the representatives of the employees or labor unions and the employers or managerial personnel of organizations. The Benefits that employers will enjoy will depend on the benevolence and importance of giving adequate compensation as perceived by employers or organizations.

Holiday Pay|Arquiza, Angelica Fe
Every worker is entitling to payment of his regular daily wage during regular holidays except in retail and service establishments with less than 10 workers. The employee may be required by his employer to work on any holiday but he shall be paid the equivalent of twice his regular rate as compensation. In the case of regular holiday, the employee is paid even if she did not work.  She receives double her pay if she works on a regular holiday.  In the case of a special day (see below), the employee is not paid if she does no report for work.  But if the employee works on a special day, she is entitled to 130% of her usual pay. Regular holidays:

*  January 1 - New Year's Day (Tuesday)
* March 28 - Maundy Thursday
* March 29 - Good Friday
* April 9 - Araw ng Kagitingan (Tuesday)
* May 1 - Labor Day (Wednesday)
* June 12 - Independence Day (Wednesday)
* August 26 - National Heroes Day (Monday)
* November 30 - Bonifacio Day (Saturday)
* December 25 - Christmas Day (Wednesday)
* December 30 - Rizal Day (Monday)
Special holidays:
* March 30 - Holy Saturday
* August 21 - Ninoy Aquino Day (Wednesday)
* November 1 - All Saints' Day (Friday)
* November 2 (Saturday), December 24 (Tuesday) - Additional non-working days * December 31 - Last day of the year (Tuesday)
The EDSA Revolution anniversary, February 25 (Monday), will be a special holiday for schools. 

Over Time Pay|Briones, Ahjhay
Basis
All employees required to work beyond eight hours in one workday are entitled to overtime pay. The basis of overtime pay is found in Article 87 of the Labor Code.

Article 87. Overtime Work. Work may be performed beyond eight hours a day provided that the employee is paid for the overtime work an additional compensation equivalent to his regular wage plus at least 25 percent thereof. Work performed beyond eight hours on a holiday or rest day shall be paid an additional compensation equivalent to the rate for the first eight hours on a holiday or rest day plus at least 30 percent thereof. Overtime Pay

Overtime pay is the additional compensation payable to employee for services or work rendered beyond the normal eight hours of work. It is computed by multiplying the overtime rate with the number of hours in excess of the regular eight hours of work. Overtime Work

Any work performed beyond the normal 8 hours of work in one workday is considered as overtime work. Workday
A workday is the consecutive 24-hour period which commences from the time the employee starts to work and ends at the same time the following day. To illustrate, if the employee regularly works from 8AM to 4PM, his regular workday is the 24-hour period from 8AM to 8AM of the...
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