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Saturday, August 23, 2014

Mandatory Remittance of Foreign Exchange Earnings

Requirement: All overseas Filipino workers are required to remit a portion of their foreign exchange earnings ranging from 50% to 80%, depending on the worker’s kind of job, to their families, dependents and/or beneficiaries (Rule VIII, Book III, POEA Rules)

  • Seamen or Merchants – 80%
  • Workers for Filipino Contractors and Construction companies – 70%
  • Professionals whose Employment Contract provided for Lodging Facilities- 70%
  • Professional without Board and Lodging- 50%
  • Domestic and other Service Workers- 50%
  • All other workers- 50%

Allowed leaves under Philippine Law

  1. Battered Woman Leave/ BWL – 10 days
  2. Special Leave or Surgical Leave – 2 months
  3. Solo Parent Leave- not more than 7 days
  4. Paternity Leave – 7 days
  5. Maternity Leave- 60 days for normal delivery and 78 days for caesarians
  6. Service Incentive Leave- 5 days

Tuesday, August 19, 2014

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angara's hidden wealth on gma id

updates on labor law

sin tax law