In the absence of a retirement plan or agreement providing for retirement benefits of employees, an employee upon reaching the age of sixty (60) years (optional) or more, but not beyond sixty-five (65) years (mandatory) which is the compulsory retirement age, who has served at least five (5) years in the said establishment, may retire and shall be entitled to retirement pay equivalent to at least one-half (1/2) month salary for every year of service, a fraction of at least si

What are the activities that an RHQ / ROHQ may engage in? A. REGIONAL HEADQUARTERS (RHQ) The activities of the RHQ are limited to acting as a supervisory, communications and coordinating center for its subsidiaries, affiliates and branches in the region. It is neither allowed to derive any income from sources in the Philippines and to participate in any manner in the management of any subsidiary or branch office it might have in the Philippines nor to solicit or market goods

Under Republic Act No. 10754 or An Act Expanding The Benefits and Privileges of Persons With Disability (PWD), PWDs are given at least a twenty percent (20%) discount and exempted from the twelve percent (12%) Value Added Tax (VAT) on the following: On the fees and charges relative to the utilization of all services in hotels and similar lodging establishments; restaurants and recreation centers; On admission fees charged by theaters, cinema houses, concert halls, circuses,

The Department of Labor and Employment has issued Labor Advisory No. 13, Series of 2016 reiterating the guidelines on the computation of daily wage during holidays: Regular Holidays If the employee did not work, he/she shall be paid 100% of his/her salary for that day [(Daily rate + COLA) x 100%]; For work done during the regular holiday, the employee shall be paid 200% of his/her regular salary for that day for the first eight hours [(Daily rate + COLA) x 200%]; For work don