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Secondary school in the Philippines, more commonly known as "high school" (Filipino: paaralang sekundarya or mataas na paaralan), consists of 4 lower and two upper levels: the lower exploratory high school system called "junior high school" (grades 7–10), and the upper specialized high school system called "senior high school" (grades 11 and ...
Article 99 of the Labor Code of the Philippines stipulates that an employer may go over but never below minimum wage. Paying below the minimum wage is illegal. [10] The Regional Tripartite Wages and Productivity Boards is the body that sets the amount for the minimum wage. In the Philippines, the minimum wage of a worker depends on where he works.
Provides additional support in the form of allowances, inflationary adjustment assistance, medical care and well-being allowance, teaching supplies allowance, and Magna Carta Bonus to public school teachers, locally funded teachers, Philippine Science High School system teaching and non-teaching personnel, and Non-teaching personnel of the ...
The Minimum Salary To Be Upper-Middle Class To be part of the top 20% of the middle class, you need to earn $106,092 and $149,160, — depending on your geographic location — according to a ...
In the Philippines, the Trade Union Congress of the Philippines is the largest union and confederation of 30 labor federations in the country which come from a wide range of sectors. [41] As of 2009, there are a total of 34,320 unions with consist of members summing up to 2.6 million.
Over the same period, wage and salary workers increased by 4.92 percent. However, there remains a large proportion of the employed sector who are unpaid family, and part-time workers. The high underemployment rate of the region may partly imply a high incidence of workers in the informal sector, including those in rural and/or agricultural areas.
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Salary can also be considered as the cost of hiring and keeping human resources for corporate operations, and is hence referred to as personnel expense or salary expense. In accounting, salaries are recorded in payroll accounts. [1] A salary is a fixed amount of money or compensation paid to an employee by an employer in return for work performed.