The House of Representatives has unanimously passed on third and final reading a bill seeking to increase to 10 days the mandatory five-day service incentive leave for qualified employees provided for under the Labor Code.
Approved during the plenary session Tuesday, Nov. 15 was House Bill No.988, which seeks to amend Article 95, as amended, of Presidential Decree No.442 or the Labor Code of the Philippines to specifically increase the service incentive leave with pay given to every employee who has rendered at least one year of service.
Similar to the original provision, service incentive leave shall not apply to the following: those who are already enjoying this benefit, those enjoying vacation leave with pay of at least 10 days, and those employed in establishments regularly employing less than ten employees or in establishments exempted from granting this benefit by the Secretary of Labor after considering the viability or financial condition of such establishment.
“With the increase in the number of leave credits in the form of sick or vacation leaves left purely at the discretion of employers, employees constrained by limited leave credits are left vulnerable to sickness, emergencies, and other fortuitous events that would cost them a day of paid work. The granting of paid leaves is not only beneficial to the employees but economically advantageous for employers as well,” it added.
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