Best Employment Benefits & Executive Compensation Lawyers in Quezon City
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List of the best lawyers in Quezon City, Philippines

Dagsaan Monterde Castillo Law and Notary Public (DMC LAW)
15 minutes Free ConsultationPhilippines Employment Benefits & Executive Compensation Legal Questions answered by Lawyers
Browse our 1 legal question about Employment Benefits & Executive Compensation in Philippines and the lawyer answers, or ask your own questions for free.
- The company I previously worked with said that I should submit my notarized quitclaim document before they give me my final paycheck. I witnessed that they did this to the previous employees too. Is that right?
- Hello:What you are experiencing is a very common concern among employees in the Philippines. Under the Labor Code, your employer has the obligation to release your final pay which normally includes unpaid wages, pro-rated 13th month pay, and any unused leave conversions if applicable. The Department of Labor and Employment (DOLE) has issued Labor Advisory No. 6, Series of 2020, which requires employers to release final pay within thirty days from separation, regardless of the reason for separation.A quitclaim, on the other hand, is a waiver that the employer usually asks employees to sign stating that they have received their final pay and have no further claims against the company. While quitclaims are not illegal, they must be voluntarily signed and cannot be used to deprive you of what is legally due. The Supreme Court has ruled many times that a quitclaim will not bar an employee from pursuing claims if it was signed under undue pressure or without full and correct payment.In your situation, a.) you have the right to review your payslip or computation first to ensure correctness before signing any quitclaim, b.) the employer should release your final pay within the thirty-day period even if you have not yet signed, because that is a statutory right, and c.) if the company insists on withholding your final pay until you sign, you may file a complaint at the nearest DOLE office for illegal withholding of wages.We at Recososa Law Firm handle labor and employment cases like this. We have offices in Luzon, Visayas and Mindanao. We can schedule an initial consultation via google meet or zoom call, or you may also visit us in our office. You may send us an email at recososalawfirm@gmail.com and please indicate that you are a client from LawZana, or call or text us at +639175046510.If this answers your concern, I hope it is not too much to ask to like and share our pages. This will truly inspire us to help more people:Google Page:https://g.page/r/CW7ozgJGLkAMEAI/reviewFacebook Page:https://www.facebook.com/RecososaLawFirmSincerely,ATTY. JOFRE B. RECOSOSAOwner/Managing PartnerRecososa Law FirmE-mail: recososalawfirm@gmail.comMobile/Viber/WhatsApp: +63-917-504-6510
About Employment Benefits & Executive Compensation Law in Quezon City, Philippines
Employment benefits and executive compensation laws in Quezon City, Philippines, focus on the provisions and regulations that govern the remuneration and benefits provided to employees, particularly executives. These laws are designed to ensure fairness and compliance with national standards, protecting both employees’ rights and employers' interests. Key elements include statutory benefits like SSS, PhilHealth, and Pag-IBIG contributions, as well as non-mandatory benefits which may include bonuses, stock options, and retirement plans. For executives, compensation packages might cover salary, incentives, and retirement benefits intricately detailed and negotiated.
Why You May Need a Lawyer
There are numerous situations in which individuals may need legal advice regarding employment benefits and executive compensation. Common scenarios include disputes over contractual agreements, negotiation of benefits or compensation packages, issues arising from non-compliance with labor laws, and understanding complex compensation structures. Additionally, navigating local regulations and tax implications can often require professional legal interpretation to ensure compliance and optimal structuring.
Local Laws Overview
The landscape of employment benefits and compensation in Quezon City is shaped by both local and national laws. Key regulations include the Labor Code of the Philippines, which outlines basic employee benefits, contractual employee rights, and employer responsibilities. Executive compensation, while less directly regulated, typically follows frameworks for fair and equitable remuneration including performance-based rewards and compliance with tax regulations. The Department of Labor and Employment (DOLE) and the National Labor Relations Commission (NLRC) provide oversight and enforcement of these laws, ensuring adherence to statutory benefits and addressing grievances.
Frequently Asked Questions
What are the mandatory employee benefits in Quezon City?
Mandatory benefits include contributions to the SSS (Social Security System), PhilHealth (national health insurance), Pag-IBIG (Home Development Mutual Fund), and the provision for 13th-month pay.
How is executive compensation typically structured?
Executive compensation often includes a mix of base salary, performance bonuses, stock options, and retirement packages. The exact structure can vary based on individual company policies and negotiated agreements.
Are there laws governing bonus payments?
While the 13th-month pay is mandatory, other bonus payments are generally discretionary and may be subject to terms outlined in an employment contract or company policy.
How can disputes over compensation be resolved?
Disputes can be resolved through mediation or arbitration provided by agencies like DOLE or through formal legal channels if necessary.
What are the tax implications of benefits and compensation?
Both employees and employers must comply with the Bureau of Internal Revenue’s regulations regarding the taxation of various forms of compensation and benefits.
Can an employer change the terms of my compensation package?
Any changes to a compensation package typically require mutual agreement and may be governed by terms in the employment contract and applicable labor laws.
What legal protections do I have regarding stock options?
The terms of stock options are usually outlined in the company's stock option plan and are subject to SEC regulations and relevant tax laws.
How is severance pay calculated?
Severance pay, if applicable, is typically calculated based on factors such as length of employment, contractual terms, and applicable labor laws.
What steps should I take if I believe my benefits are being withheld unjustly?
Begin by discussing with your HR department. If unresolved, you may file a complaint with the DOLE or seek legal advice to explore further action.
Where can I seek free legal aid for employment issues?
Organizations like the Public Attorney's Office and accredited NGOs offer free legal services for certain employment issues in the Philippines.
Additional Resources
For those seeking further information or assistance, the following resources can be helpful: the Department of Labor and Employment (DOLE), the National Labor Relations Commission (NLRC), the Philippine Commission on Women (PCW) for gender-related employment issues, and the Public Attorney’s Office for legal aid. Additionally, consulting with licensed labor law practitioners can provide personalized guidance.
Next Steps
If you find yourself requiring legal assistance in employment benefits and executive compensation, consider consulting a specialized lawyer with experience in labor law. Start by gathering all necessary employment documents, contracts, and correspondence related to your issue. Research local law firms or legal aid organizations that can provide the needed assistance. Scheduling an initial consultation will help assess your situation and guide you through the possible legal remedies available in your case.
Disclaimer:
The information provided on this page is for general informational purposes only and does not constitute legal advice. While we strive to ensure the accuracy and relevance of the content, legal information may change over time, and interpretations of the law can vary. You should always consult with a qualified legal professional for advice specific to your situation. We disclaim all liability for actions taken or not taken based on the content of this page. If you believe any information is incorrect or outdated, please contact us, and we will review and update it where appropriate.