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
Q

Highest monthly wage of kasambahay (region)

A

NCR - P 6, 000

26
Q

Lowest monthly wage of kasambahay (region)

A

CARAGA - P 4,000

27
Q

Consequence/punishment for employers failed to pay increases or adjustments in the wage rates

A

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
Q

Engaged in the production, processing/manufacturing of products of commodities including agro-processing, trading, and services

A

Barangay Micro Business Enterprises (BMBEs)

29
Q

Has the power to issue Certificate of Authority for BMBEs to avail of the benefits provided by R.A 9178

A

Department of Industry

30
Q

R.A 9178 is known as?

A

Barangay Micro Business Enterprises Act of 2002

31
Q

Wages of apprentices and learners

A

Not be less than 75% of the applicable minimum wage rates

32
Q

Do all employee with disability shall be subject to same terms and conditions of employment?

A

Yes, with the same compensation, privileges, benefits, fringe benefits, or allowances as qualified able-bodied person

33
Q

Magna Carta for PWD

A

RA 10524: expands the number of positions reserved for people with disabilities

34
Q

TRAIN Law Act. of 10963

A

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
Q

Amount exempted for train law?

A

Up to P 90,000
compensation during the year not exceeding 250,000 pesos