Minimum Wage: Worker's Statutory Monetary Benefits Flashcards

1
Q

Act. No. 6727

A

Wage Rationalization Act

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2
Q

It mandates fixing of the minimum wages applicable to different industrial sectors, namely, non-agriculture, agriculture plantation, and non-plantation, cottage/handicraft, and retail/service

A

Wage Rationalization Act

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3
Q

It refers to farming in all its branches and among others, includes the cultivation and tillage of soil, production cultivation, growing and harvesting of any agricultural/horticultural commodities, etc.

A

Agriculture

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4
Q

Retail establishment

A

sale of goods to end-users for personal or household use

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5
Q

Example of retail establishment

A

department stores, membership warehouses, grocery

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6
Q

It is a sale of service to individuals for their own or household- people go to get service done

A

Service establishment

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7
Q

What is RTWPBs?

A

Regional Tripartite Wages and Productivity Boards

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8
Q

How many regions are covered by the wages rationalization act

A

19 regions

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9
Q

Coverage of wage increases

A

All private sector workers and employees receiving the daily minimum wage rates/receiving up to a certain daily wage ceiling

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10
Q

Exemption of wage increases

A

Workers of duly registered Barangay Business Enterprises (BMBEs)

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11
Q

Republic Act No. 10879

A

MIMAROPA Act - enable it to pursue programs consistent with national goals for accelerated social and economic development

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12
Q

Minimum Wage Rates - old and new for non-agriculture

A

P 570 - P 610

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13
Q

Minimum Wage Rates - old and new for agriculture, service/retail, manufacturing establishments

A

P 533 - P 573

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14
Q

Region with highest mwr

A

NCR - 573-610

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15
Q

Region with lowest mwr

A

BARMM 306-341

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16
Q

Compensable Working Hours

A

8 hours a day (Rule I, Book 3)

17
Q

Are attendance at lectures, meetings, training programs shall be counted as working time?

A

Yes unless the attendance is outside the regular working hours, voluntary, and does not perform any productive work during such attendance

18
Q

Meal and Rest periods

A

Not less than one hour time off

19
Q

Rest periods/coffee breaks

A

5 to 20 minutes shall be considered as compensable working time

20
Q

What is monthly paid employees?

A

Paid everyday of the month, including unworked rest days, special days, and regular holidays

21
Q

Computation of EEMR of monthly paid employees

A

Applicable Daily Rate x 365 / 12 months

22
Q

EEMR stands for?

A

Estimated Equivalent Monthly Rate

23
Q

Definition of daily-paid employees

A

Paid on the days they actually worked and on unworked regular holidays

24
Q

Subsidized meals and snacks

A

Not be less than 30% of the fair value of such facilities

25
Highest monthly wage of kasambahay (region)
NCR - P 6, 000
26
Lowest monthly wage of kasambahay (region)
CARAGA - P 4,000
27
Consequence/punishment for employers failed to pay increases or adjustments in the wage rates
Fined not less than P 25,000 nor more than P 100,000 or imprisonment of not less than 2 years, nor more than 4 years
28
Engaged in the production, processing/manufacturing of products of commodities including agro-processing, trading, and services
Barangay Micro Business Enterprises (BMBEs)
29
Has the power to issue Certificate of Authority for BMBEs to avail of the benefits provided by R.A 9178
Department of Industry
30
R.A 9178 is known as?
Barangay Micro Business Enterprises Act of 2002
31
Wages of apprentices and learners
Not be less than 75% of the applicable minimum wage rates
32
Do all employee with disability shall be subject to same terms and conditions of employment?
Yes, with the same compensation, privileges, benefits, fringe benefits, or allowances as qualified able-bodied person
33
Magna Carta for PWD
RA 10524: expands the number of positions reserved for people with disabilities
34
TRAIN Law Act. of 10963
Tax Reform for Acceleration and Inclusion Law - seeks to make the tax system simpler, fairer, and more efficient in order to generate more sustainable revenues that will support government infrastructure projects, public investments, and social services.
35
Amount exempted for train law?
Up to P 90,000 compensation during the year not exceeding 250,000 pesos