There are a lot of things to learn if you are a business owner. Learn what are the basics of employee benefits for startup business owners in the Philippines. Follow us on: Blog: horsepower.ph/blog Facebook: facebook.com/Horsepower.PH Twitter: @HorsepowerPH #entrepreneuralhacks

2. Minimum wage. Here in the Philippines, the
minimum wage would depend on which region you
are in. The very basic of all benefits is your employee’s
salary. Why would you hire someone if you’re not
going to pay them? If you’re like this, please don’t.
Even volunteers have allowances.

3. Contributions. In the Philippines we have SSS, Pag-
Ibig Home Development and Mutual Fund and
PhilHealth. It is important that business owners
should be the ones to initiate with the contributions.
Besides, you fairly don’t have any other options. It’s
mandated by the law.

4. Overtime Pay. Some employers tend to disregard
this one. We are telling you to stop because this is
also mandated in the Labor Code of the Philippines
that overtime is optional and if they an employee is
required to do overtime then he or she should be
compensated, in accordance to its hourly rate.

5. Night Differential Pays. When your company requires
manpower during the night, you should not forget to
offer your employees with night differential pays.
Again, it is mandated by law.

6. Holiday Pays. You can breathe on this one. This
is not mandated however, if it is a no work
holiday then your employee gets to have a day
off with pay. If it is necessary to have them
during that time then you have to double their
pay.

7. Meal and Rest Periods. According to the law,
every employee is entitled to have an hour and
a half break per day and a minimum of one day
of rest.