An Act Providing for a System of Incentives, Promotions, and Bonuses for Private Sector Employees in the Philippines, Establishing the Private Sector Workforce Productivity Framework, and for Other Purposes
The bill would require private companies to set up yearly performance reviews, define clear promotion paths, give profit‑linked bonuses, and grant tax breaks on those bonuses, while allowing small firms to use non‑cash rewards.
Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.
Printed from CivicSync PH: https://civicsync-ph-gamma.vercel.app/bills/SBN-2188. Status changes over time; check the link for the latest.
SBN-2188 · Sources: BatasWatch
Similar in what they’d do, filed by any lawmaker.