SOCIAL SECURITY SYSTEM (SSS)
As of 2024, the member contribution for SSS amounts to 14% of their monthly salary credit (MSC). But this is not shouldered by the worker alone. Employees and employers split monthly contributions for SSS.
Moreover, 9.5% of this total amount is shouldered by the employer, while the remaining 4.5% is paid from the employee’s salary.
PHILHEALTH
As of 2024, the contribution rate for PhilHealth is at 5%, which is a 1% increase from the years prior. This increase is in accordance with the Universal Health Care Law. However, the employee does not shoulder the entirety of this amount as the total due is divided between the employer and the employee.
In short, the employer pays 50% of the PhilHealth contribution, and the other 50% is deducted from the employee’s monthly salary.
PAG-IBIG
As of 2024, the contribution for Pag-IBIG is 4% of the employee’s monthly income, with the employee paying 2% and the employer shouldering the other 2%.
Reference: https://www.eezi.com/employee-benefits-philippines/
Step 1: Log in to your SSS account HERE. (register if you don't have an account yet.)
Step 2: Hover over "INQUIRY" and click on "Contributions".
Step 1: Log in to your Virtual Pag-IBIG account HERE. (register or create your account if you haven't yet.)
Step 2: Click on "Regular Savings (Mandatory Contributions)".
Step 3: Input the year you want to view (e.g. 2022) and click on "VIEW CONTRIBUTIONS".
The Labor Code of the Philippines clearly states "Art. 285. Termination by employee. (a) An EMPLOYEE may terminate without just cause the employee-employer relationship by serving a written notice on the EMPLOYER at least one (1) month in advance. The employer upon whom no such notice was served may hold the employee liable for damages."
The Company implements such a rule of law, to wit:
A resigning REGULAR EMPLOYEE must submit a written notice to his/her immediate superiors and HR Department via email informing the latter of his/her resignation.
The prescribed notice period shall be thirty (30) days from the time the notice (written resignation letter) is sent.
The notice period may be shortened subject to the management's approval.
The resigning employee shall be required to accomplish the following as part of the off-boarding process:
Turnover Sheet (click HERE; create a copy of the Turnover Sheet and accomplish and submit the sheet at least one (1) week before the effectivity of the resignation. The
Clearance Form (you will be asked to accomplish this form via email)
Quitclaim (you will be asked to accomplish this form via email)