13th Month Pay

With a minimum rendered work of at least one (1) month during the calendar year, the employee shall be entitled to a 13th Month Pay equivalent to 1/12 of the employee’s gross monthly salary multiplied by the number of months worked or earned within a given calendar year to be released on or before Dec 24 of every calendar year, subject to the computation as provided by the Labor Code and other pertinent issuances of the Department of Labor and Employment.

Leave Credits

The employee shall be eligible to receive a maximum of ten (10) accrued leave credits during the first year of employment, with an accrual rate of 0.83 leave credits per month, commencing from the start of employment. In the employee’s second year of employment, the employee shall receive fifteen (15) accrued leave credits, with an accrual rate of 1.25 leave credits per month. In the employee’s third year of employment and thereafter, the employee shall receive twenty (20) accrued leave credits, with an accrual rate of 1.67 leave credits per month.

Carry over of unused leave credits

A maximum of five (5) unused leave credits at the end of the calendar year shall be carried over and may be utilized by the employee until the end of the first quarter of the succeeding year. Unused carried-over leaves at the end of the first quarter shall be forfeited.

HMO Principal

The employee shall be eligible for an HMO plan upon hire with coverage of Php150,000 per illness per year.

HMO Dependent

The employee shall be eligible to enroll two (2) free dependents upon hire and each dependent shall have a coverage of Php150,000 per illness per year. HMO eligibility and hierarchy of dependents shall be subject to the guidelines and standards of the HMO provider.

Group Life Insurance

The employee shall be eligible of up to Php500,000 coverage under a Group Life Insurance policy upon hire. Claims shall be subject to the general guidelines and required documentation set by the service provider. Failure to comply may result in the forfeiture of any claims. Exclusions and exemptions from claiming this benefit are defined under the exclusion sections of the general guidelines of the GLI policy.

Premium Benefits

The employee shall be entitled to Holiday Premium, Overtime Pay, and Night Differential.

REVIT STEEL DETAILER

REVIT STEEL DETAILER

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