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House OKs 10-day yearly service incentive leave in private sector

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MANILA – The House of Representatives on Tuesday overwhelmingly approved on final reading a measure seeking to increase the yearly service incentive leave (SIL) of employees in the private sector from five to 10 days.
During the plenary session, a total of 273 lawmakers voted in favor of House Bill 988, which seeks to amend the Labor Code of the Philippines. No lawmaker voted against the measure or abstained from voting.
The proposed amendment provides that every employee who has rendered at least one year of service shall be entitled to a yearly service incentive leave of 10 days.
The provision shall not apply to employees who are already enjoying the benefit and those employed in establishments with less than 10 employees.
Baguio City Rep. Mark Go, the author of the measure, said the granting of paid leaves is not only beneficial to the employees but economically advantageous for employers as well.
"Such incentives boost the morale and satisfaction of employees which are manifested in increased productivity," Go said.
Go said the leave credits also minimize the risk of health and safety issues among employees, which may even be more costly for both employees and employers in the long run.
The bill aims to provide a work-life balance for employees, boost their morale and satisfaction, and minimize the risk of health and safety issues. (PNA)

Last Modified: 2022-Nov-16 10.03.57 UTC+0800