Podcast
Questions and Answers
What is the maximum yearly medical benefits allowed per employee?
What is the maximum yearly medical benefits allowed per employee?
- P20,000
- P15,000
- P5,000
- P10,000 (correct)
What is the maximum amount allowed for laundry allowance per annum?
What is the maximum amount allowed for laundry allowance per annum?
- P3,000
- P3,600 (correct)
- P2,000
- P5,000
Regarding Christmas and major anniversary gifts, what is the maximum amount allowed per employee per annum?
Regarding Christmas and major anniversary gifts, what is the maximum amount allowed per employee per annum?
- P7,000
- P2,500
- P5,000 (correct)
- P3,000
What type of award can employees receive in the form of a tangible personal property under an established written plan?
What type of award can employees receive in the form of a tangible personal property under an established written plan?
For daily meal allowance during overtime work and night shifts, what percentage of the basic minimum wage is the maximum allowed?
For daily meal allowance during overtime work and night shifts, what percentage of the basic minimum wage is the maximum allowed?
What is the collective bargaining agreement (CBA) and productivity incentive schemes combined maximum annual value allowed per employee?
What is the collective bargaining agreement (CBA) and productivity incentive schemes combined maximum annual value allowed per employee?
What happens if a private employee is allowed more than 10 days of monetized unused vacation leave credits in a year?
What happens if a private employee is allowed more than 10 days of monetized unused vacation leave credits in a year?
What is the maximum amount of Medical Cash Allowance to dependents of employees per semester?
What is the maximum amount of Medical Cash Allowance to dependents of employees per semester?
What happens if an employee receives Medical Allowance not exceeding P10,000 per semester?
What happens if an employee receives Medical Allowance not exceeding P10,000 per semester?
What happens if a private employee receives a rice subsidy of P2,500?
What happens if a private employee receives a rice subsidy of P2,500?
Which type of employees are exempt from taxes on the monetized value of vacation and sick leave credits paid to them?
Which type of employees are exempt from taxes on the monetized value of vacation and sick leave credits paid to them?
What is the maximum uniform and clothing allowance per annum that is not subject to income tax?
What is the maximum uniform and clothing allowance per annum that is not subject to income tax?