Learning and Improving
Vyron LoaresGlobal Startup Ecosystem Report (GSER) The GSER was created by Startup Genome to study and rank start-up ecosystems around the world since 2012. The report studies over 270 ecosystems with a ranking of the top 30 and 10 runner-up ecosystems. In addition, it has a top 100 of ranking of emerging ecosystems. Year City Ranking … Read more
Termination of Employment due to Redundancy is an authorized cause of termination of employment wherein manpower is in excess of the actual reasonable demand of the company. The excess of manpower may the due to one or more of the following: 1. Overhiring of Workers; Decreased Volume of business, or 3. Dropping of a particular … Read more
Probationary Period is the period of employment of an employee wherein he or she is assessed in terms of their performance in accordance with reasonable standards made known to the employee by the employer. Defining Probationary Period What is indicated in the Labor Code of the Philippines regarding Probationary Period? The term does not explicitly … Read more
Security of Tenure is a right of an employee and mandated by law that protects them from being unjustly terminated from employment by their employers. Termination of employment isn’t simply just about removing someone who you do not agree with or you hate. If it is used as such, employers may be perceived as highly … Read more
Vacation Leave (VL) is provided by the company to afford the employee to rest and relax and Sick Leave (SL) is to compensate employees who are unable to work on the designated work days. Vacation Leave (VL) and Sick leave (SL) may be given by an employer as an alternative to Service Incentive Leave (SIL). … Read more
The computation of Final Pay is the remaining monetary benefits due to the employee and to be released with 30 days from the date of separation. Both computation and release of the Final Pay has been clarified by Department of Labor and Employment (DOLE) through the issuance of Labor Advisory No. 6, series of 2020 … Read more
Termination of Employment due to Retrenchment is classified as an authorized cause of termination which means that the termination of employment is due to necessity and exigency of the business or economic condition. Retrenchment is also known as a “lay-off” or “Downsizing”. Retrenchment may be used as a last resort to cut further losses on … Read more
13th Month Pay is a mandatory benefit in the Philippines which is paid to rank-and-file employees computed at 1/12 of the proportionate basic salary earned by an employee during the calendar year. It is mandated to be released not later 24 December of every year. It was made into a mandatory benefit under Presidential Decree … Read more
The Certificate of Employment (COE) is a certificate that certifies the date of employment, termination of employment and types of work performed and is issued to all workers to has been employed. The Certificate of Employment (COE) is often requested as a supporting document in applying for services or utilities as proof that you are … Read more
Have you passed a Professional Regulation Commission (PRC) board or Bar exam and aspire to work for the Philippine government? If yes, then you may already be eligible to qualify for positions in the government. This is in accordance with Republic Act No. 1080 which states that examinations given by the various boards of examiners … Read more