2017 Handbook on Workers' Statutory Monetary Benefits

2017HANDBOOK ON WORKERS' STATUTORY MONETARY BENEFITSFOREWORDWe are pleased to present a reprint of the 2017 Handbook on Workers' Statutory Monetary Benefits — an updated and comprehensive material on recent developments in Philippine labor laws and regulations.Through the years, this Handbook has become a dependable guide not only for workers and employers, but also to students, labor law practitioners, and the general public. The consistently enthusiastic reception extended to this work has prompted us to issue a reprinted edition.This reprint forms part of our vigorous and strengthened enforcement activities under the new administration. We commit to be steadfast in addressing abuses in employment arrangements while remaining strict yet equitable. Toward such end, we intend to educate stakeholders and inspire a culture of voluntary compliance with labor laws in as many workplaces as possible.In this edition, we added more detailed illustrations and sample wage computations to facilitate the computation of equivalent monthly rates for daily-paid and monthly-paid workers. Another new item is the enumeration of the regional minimum wage rates prescribed in the latest Wage Orders. We...