Sick Leave Formula:
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The Sick Leave Accrual Formula calculates the number of sick leave days an employee has earned based on their months of service in the Philippines. The standard formula is 5 days per year, prorated for partial years of service.
The calculator uses the sick leave formula:
Where:
Explanation: This formula calculates the prorated sick leave entitlement based on the number of months an employee has worked.
Details: Accurate sick leave calculation is crucial for compliance with Philippine labor laws, proper employee compensation, and maintaining accurate payroll records.
Tips: Enter the number of months of service. The value must be a positive number representing the total months worked.
Q1: Is sick leave mandatory in the Philippines?
A: Yes, under Philippine labor law, employees are entitled to sick leave benefits after a certain period of service.
Q2: How many sick leave days per year are employees entitled to?
A: The standard entitlement is 5 days of sick leave per year for employees who have worked for at least one year.
Q3: How is sick leave calculated for part-time employees?
A: Sick leave for part-time employees is typically prorated based on their working hours compared to full-time employment.
Q4: Can sick leave be carried over to the next year?
A: This depends on company policy. Some employers allow unused sick leave to be carried over, while others have a "use it or lose it" policy.
Q5: Are there different sick leave entitlements in different industries?
A: While the basic entitlement is standard, some industries or collective bargaining agreements may provide additional sick leave benefits.