Tag: mandatory benefits

HR Talk: Top 15 Questions Answered Re: the Employee Compensation Program (Where You Get Paid If You Get Sick/Injured/Die At Work)

April 5, 2021.Reading time 61 minutes.

The Employee Compensation Program and its Many Benefits Everyone talks about the Philippine Social Security System (SSS) but stays mum about the Employee Compensation (EC) Program. When I started this subject, I was surprised on how so much information are out there about many benefits the EC Program, but the information is annoyingly kalat kalat, […]

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HR Talk: Top 13 Questions Answered on the New SSS Mandatory Provident Fund (AKA WISP) Program

December 28, 2020.Reading time 39 minutes.

Everyone may have been dismayed to learn that SSS will increase their contributions required from BOTH Employers and Employees by 13% starting from January 2021. This should be of no surprise as SSS is only following the increase of contribution that was scheduled since 2018 as stated via the Republic Act No. 11199 or the […]

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