SERVICE INCENTIVE LEAVE Flashcards
Definition of Service Incentive Leave
-paid leave of 5 days
-granted to employees who rendered at least 1 year of service
-may be used for sick, vacation, and other leave purposes
Coverage of SIL:
-applies to every employee who has rendered at least 1 year of service, except:
•government employees
•persons in personal service of another
managerial employees
•officers or members of a managerial staff
•field personnel
•those already enjoying this benefit
•those enjoying vacation leave with pay of at least 5 days
•those employed in establishments with less than 10 employees
Meaning of “one year of service”
-service within 12 months, whether continuous or broken
-reckoned from the day the employee started working
-period includes absences, unworked weekly rest days, and paid regular holidays
Conversion
-Employee may choose to use leave credits or convert them to their monetary equivalent if not used at the end of the year
-If employee chooses not to use or convert SIL, they are entitled upon resignation or
separation to the monetary equivalent of the same
-basis shall be the salary rate at the date of conversion