The topics below may be relevant to your daily activities, especially those which involve business law, labor law, and other legal areas of your business.
Business Law and Labor Law Updates
What is Employee’s Compensation Commission’s “KaGabay Program”?
The Employees’ Compensation Commission Katulong at Gabay sa Manggagawang may Kapansanan or KaGabay Program is a special economic assistance program for occupationally-disabled workers (ODWs) who lost employment by reason of work-related sickness or injury.
This program may be availed of by Employees’ Compensation members who are with approved Employees’ Compensation Temporary Total Disability (TTD), Permanent Partial Disability (PPD), or Permanent Total Disability (PTD) benefits.
HIRING OF PERSONS WITH DISABILITY
Republic Act No. 7277 or “Magna Carta for Disabled Persons” defines Disabled Persons as those suffering from restriction of different abilities, as a result of a mental, physical or sensory impairment, to perform an activity in the manner or within the range considered normal for a human being. According to Philippine Statistics Authority, of the 92.1 million household population in the country, 1.44 million persons or 1.57 percent had disability, based on the 2010 Census of Population. Statistics also showed that the majority of PWDs belong to the working age group (15-64 years old).
Paternity Leave for Expectant Fathers
Expecting a baby soon? Why not take an active part in your partner’s pregnancy and avail of the paternity leave?
The benefits of taking of paternity leave are indisputable. The presence of both parents is important in the formative stages of newborn’s development. Thus, it is imperative that both parents take an active part during and after delivery.
Republic Act No. 8187 or “Paternity Leave Act of 1996“ grants every married male employee in the private and public sectors a paternity leave of seven (7) days with full pay for the first four (4) deliveries of the legitimate spouse with whom he is cohabiting.
RIGHTS OF STOCKHOLDERS IN A DISSOLVED CORPORATION
Dissolution, in whatever manner, of a corporation in the Philippines is a process of terminating its existence under the laws. Once a corporation is dissolved, what is next? Do rights of stockholders still exist?
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