18 Questions
What is the purpose of Service Incentive Leave?
To reward employees for their service to the company
How many days of paid leave must employers provide to their employees as mandated by the Philippine Labor Code?
5 days
What is a key difference between Service Incentive Leave and Sick Leave/Vacation Leave?
SIL is mandatory, while Sick Leave and Vacation Leave are not
What happens to the Service Incentive Leave benefit every year?
It is renewed yearly
How is the basis for Service Incentive Leave computation determined?
Based on the employee's length of service in excess of a year
What is unique about the purpose of using Service Incentive Leave?
It can be used for any purpose
How is the service incentive leave credit computed?
By dividing the number of months by 12 months and multiplying by the number of days
What is the condition for converting service incentive leave to cash?
At the end of the year when there are remaining leave credits
How much is the money equivalent of a service incentive leave?
It is equal to the employee's daily basic salary at the time of conversion
What happens to the service incentive leave credits when an employee resigns?
They are prorated based on the number of months worked
How often is the service incentive leave renewed?
Yearly
What is the purpose of the service incentive leave?
To reward employees for their years of service
What is the equivalent of 2.5 prorated service incentive leave credits?
Php 1,207.50
How long must an employee have rendered service to the company to be qualified for Service Incentive Leave?
At least 1 year
What is the total amount of Service Incentive Leave benefit awarded to qualified employees?
5 days with full pay
Who is exempt from the application of Service Incentive Leave?
Managerial employees
What is the basis for counting the one-year service period for Service Incentive Leave?
From the date of hiring
What happens to the service incentive leave benefit if an employee takes a maternity leave?
The benefit is not affected
Test your knowledge on Service Incentive Leave, a mandatory leave benefit in the Philippines. Learn how it differs from Sick Leave and Vacation Leave. Understand the benefits and rules according to the Philippine Labor Code.
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