Compensation [ Outline, Definitions and Importance ] Mohamed Dawod. Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. a. Actions. Get the plugin now. Aside from professional experience and academic credentials, salary structures and wages in the Philippines are determined by factors such as nature of work, Clipping is a handy way to collect important slides you want to go back to later. back to top. When you receive a job offer, the first thing you look at is the salary. Payroll Salary Compensation and Benefits in the Philippines LABOR AND SOCIAL LEGISLATION The Labor Code of the Philippines, otherwise known as Presidential Decree No. 442, governs all employee-employer relations, their rights and obligations. 13th Month Pay. Social Security System (SSS)– The SSS was created to provide private employees and their families protection against disability, sickness, old age, and death. Each year, a 13th month pay is given to all rank-and-file employees. But, for many employees (especially senior employees) compensation is far more than just the regular paycheck. PPT – COMPENSATION AND BENEFITS STUDY PowerPoint presentation | free to view - id: 22d368-NGMwN. Whether the recruiter lists the wage as an hourly, weekly, monthly, or hourly rate, candidates see it as the most critical part of any job offer. Revisiting Compensation Philosophy National HRD Network. Holidays: Ten (10) paid national regular holidays and Eight (8) national special holidays per year as provided under Proclamation No. Compensation and benefits are important to employees and your company. See our Privacy Policy and User Agreement for details. View and Download PowerPoint Presentations on Benefits Compensation Package PPT. In recent years, we’ve seen more and more companies move away from the “leave your personal life at the office door” mentality to focus on employee wellness. SERVICES By law, this … | PowerPoint PPT … Posted 04-08-2009 Reply. b. The Awe Factor: How a Little Bit of Wonder Can Make a Big Difference in Your Life, No Pain, No Gaines: The Good Stuff Doesn't Come Easy, Laundry Love: Finding Joy in a Common Chore, Dedicated: The Case for Commitment in an Age of Infinite Browsing, Create: Tools from Seriously Talented People to Unleash Your Creative Life. See our User Agreement and Privacy Policy. If you continue browsing the site, you agree to the use of cookies on this website. Now customize the name of a clipboard to store your clips. Own It All: How to Stop Waiting for Change and Start Creating It. Benefits Covered Under Worker’s Compensation - If you have been injured on the job, you are entitled to receive compensation benefits, medical treatment benefits and vocational rehabilitation. Title II of Book IV on Employees' Compensation … See our User Agreement and Privacy Policy. EMPLOYEE BENEFITSEMPLOYEE BENEFITS 2. 5 REGULATIONS . See our Privacy Policy and User Agreement for details. Having an attractive compensation rate is important in motivating your employees and reducing absenteeism. Hello, Kindly go through this PPT on compensation & Benefits followed by all Human Resource Practitioners. 3 of 10. Sharp Group of Companies, ... its surrounding areas in the Philippines. Mergers and acquisitions Insight and advice to complete the transaction and successfully integrate. 4 of 10. Because Your Life Belongs to You. To know more, call at 203-541-0090 or visit our website www.connecticutaccident.net. - Check out this Slide to know about the Workers' Compensation and its benefits and how Scudder Seguin, PLLC Workers' Compensation law firm will be help to get the compensation. It is composed of 16 cities namely Manila itself, Caloocan, Las Piñas, Makati, APIdays Paris 2019 - Innovation @ scale, APIs as Digital Factories' New Machi... Mammalian Brain Chemistry Explains Everything. What is compensation management •Compensation Management is designing and implementing total compensation package with a systematic approach to providing value to employees in exchange for work performance, •Compensation is a systematic approach to providing monetary value to employees in exchange for work performed. 13th MONTH PAY. Additional Benefits Executive Compensation Wages Versus Salaries Pay Secrecy Non-mandated Benefits Private Pension Plans are administered by the organization and provide income to the employees at their retirement. The DepEd Bureau of Human Resource and Organizational Development (DepEd-BHROD) has listed the following benefits that public school … The Adobe Flash plugin is needed to view this content. Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. Looks like you’ve clipped this slide to already. Now customize the name of a clipboard to store your clips. Philippines Compensation & Benefits. Employee compensation and benefits Rahul Jain. We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. 1. Holidays: Twelve (12) paid national regular holidays and Nine (9) national special holidays per year as provided under Proclamation No. This is a brief summary report of the Philippine Employee benefits and services, under the Labor Code of the Philippines. No public clipboards found for this slide, Employee benefits and services (Philippines). COMPENSATION & BENEFITS MANAGEMENT Dr. Asit Mohapatra Director HR Raymond Ltd. Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. In addition, the Labor Code also requires employers to become members of the Pag-IBIG Fund, PhilHealth, and SSS, as well as remit monthly contributions on behalf of their employees to these government offices. Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. The ECC champions the welfare of the Filipino worker. Subramanian. Typically, when employees think about compensation, the salary is what they think of. Philippine Standard Time: 1 of 10. Its mission is to: • Build and sustain among employees and employers a culture of safety and healthful environment in the workplace; • Ensure at all times that workers are informed of their rights, benefits and privileges under the Employees’ Compensation Program (ECP); 2 of 10. Compensation ppt 1. 6.1 Retirement Benefits 6.1.1 Introduction 6.1.2 Eligibility 6.1.3 Benefits 6.1.4 Payment options Add to Favorites Report Type: HR, Report if not a HR topic. You can change your ad preferences anytime. EMPLOYEE BENEFITSEMPLOYEE BENEFITS 1081 dated September 21, 1972, as amended, do hereby order and decree: SECTION 1. 6 STATE AND COMPULSORY BENEFITS . The Philippine Social Security System, strengthened by the provisions of the Republic Act No. Clipping is a handy way to collect important slides you want to go back to later. But is it enough? Compensation And Benefits Guide . Permanent Total Disability (PTD) benefit is given to an employee who is unable to work for more than 240 days.
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