Employees are allowed to choose from an array of benefits within certain cost limits.

It refers to the realization of a person’s potential , self fulfillment, seeking personal growth and peak experiences.

It states that, if the Trade Union is stronger, the wages will be high;employer is powerful, the wages tend to be low.

Which is Fredrick Herzberg’s Motivation Theory?

These benefits have the purpose to promote the well-being and efficiency of employees.

The amount of annual salary which will be taxed of P102, 500 plus 25% on the excess (2023 onwards).

Which of the following is NOT stated in the De Minimis Updates by the TRAIN Law Reform 2018?

It is the first component of executive remuneration. It is supposed to be determined through job evaluation and serves as the basis for other types of benefits.

This type of incentive is usually short-term (annual) and is a definition of performance is crucial.

Stock options are attractive to shareholders too. First, an option is not a bonus, Executives must use their own resources to exercise their right to purchase the stock. Second, the executives are assuming the same risk as all other shareholders, namely, that the price could move in either direction. Options are a form of profit sharing that Jinks the executive's financial success to that of the shareholders.