2024 Higher Education Learning Solutions Catalog

COMPENSATION ADMINISTRATION

Government-mandated Compensation and Benefits ........................ Minimum Wage .............................................................................. Holiday Pay .................................................................................... Premium Pay.................................................................................. Overtime Pay ................................................................................. Night Shift Differential .................................................................... Service Charges ............................................................................ Service Incentive Leave................................................................. Maternity Leave ............................................................................. Paternity Leave .............................................................................. Parental Leave for Solo Parents .................................................... Leave for Victims of Violence Against Women and Their Children .... Special Leave for Women .............................................................. Thirteenth-Month Pay .................................................................... Separation Pay............................................................................... Retirement Pay .............................................................................. Employees’ Compensation ............................................................ PhilHealth Benefits ......................................................................... Social Security System Benefits .................................................... Pag-IBIG Benefits .......................................................................... Voluntary Benefits ................................................................................. Chapter Summary ................................................................................. Chapter Activities .................................................................................. Research Outputs .......................................................................... Case Study .................................................................................... Compensation Issues .................................................................... Vocabulary ..................................................................................... Questions for Review..................................................................... Your Turn........................................................................................ Teamwork.......................................................................................

115 115 116 117 118 119 119 120 120 120 121 121 121 121 122 122 123 123 124 124 125 127 129 129 130 130 133 134 135 137

References ....................................................................................................... Index .................................................................................................................

139 149

vi

84

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