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SHORT-TERM rentals like Airbnb have become a popular option for overseas Filipinos wanting to generate income from their Philippine properties. The idea of earning in dollars or pesos while ...
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It’s a formula being used to calculate the revised basic salary of central government employees whenever a new pay commission is implemented. It helps to standardize the salary hike in the transition ...
To calculate the salary, the 8th Pay Commission will take into consideration factors like the basic pay matrix, dearness allowance (DA), house rent allowance (HRA), and estimated fitment factor.
However, it does not guarantee fixed pension income after retirement. Guaranteed pension of 50% of average basic salary over last 12 months Minimum 10 years of service for pension eligibility Assured ...
The University of the Philippines (UP) is announcing a significant increase ... By aligning the new rates with the corresponding government salary grades, UP ensures compensation that better reflects ...
In what could be a significant relief for many public sector doctors, Dr. Atellah also revealed that CS Duale committed to clearing basic salary arrears for Ministry of Health-employed doctors by the ...
That is, employees who are working on a basic salary of Rs 18,000 today can get a salary of Rs 53,000 to Rs 79,000 in the future. 8th Pay Commission: What has happened since January? From the ...