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The Philippine Health Insurance Corporation (PhilHealth) was created in 1995 to implement universal health coverage in the Philippines. It is a tax-exempt, government-owned and controlled corporation (GOCC) of the Philippines, and is attached to the Department of Health. On August 4, 1969, Republic Act 6111 or the Philippine Medical Care Act of ...
An employee ownership business model is a way of achieving benefits for a business, its employees, and society. [4] The trust model has the following characteristics in comparison to employee ownership models involving direct employee share ownership: [5]
In 1974—two years after Marcos' proclamation of martial law—the Philippine government came up with the Labor Code of the Philippines (Presidential Decree 442, series 1974), which included Filipino migrant workers in its scope. The decree formally established a recruitment and placement program "to ensure the careful selection of Filipino ...
The Labor Code of the Philippines is the legal code governing employment practices and labor relations in the Philippines. The Labor Code stipulates standards in terms of wages and monetary benefits, hours of work, leave, rest days, holiday pays, and benefits, among others.
ECC – Employees' Compensation Commission [16] ... PCAANRRD – Philippine Council for Agriculture, Aquatic, and Natural Resources Research and Development;
The provision of employee assistance services has established business benefits, including increased productivity of employees, and a decrease in both presenteeism and absenteeism. [6] Employees typically have access to an EAP hotline 24 hours a day, so there is no need to wait to seek assistance.
Philippine Veterans Bank, also known as PVB and Veterans Bank, is a commercial bank in the Philippines. The bank is owned by Philippine World War II war veterans and their families and caters to both corporate and retail financial markets. As part of its charter, PVB allocates 20% of its annual net income for the benefit of its shareholders.
State universities and colleges (SUCs) refers to any public institution of higher learning that was created by an Act passed by the Congress of the Philippines.These institutions are fully subsidized by the national government, and may be considered as a corporate body. [7]