As per
Republic Act No. 7641, Employers are required to pay retirement benefits to their
employees, in the private sector, regardless of their position, designation or status and irrespective of the method by which their wages are paid, except to those listed under the exemptions.
"... an employee upon reaching the age of sixty...
Article 287 of the Labor Code, as amended by Republic Act No. 7641, provides:
Retirement Plan. Credits: s_falkow
"Article 287. Retirement. – Any employee may be retired upon reaching the retirement age established in the collective bargaining agreement or other applicable employment contract.In case of retirement, the employee shall...
Sharing another beautiful film by Sun Life.
In less than 9 minutes, "A Life in a Day" captures the cycle of life - from childhood to old age. It also captures the precious moments of life through the eyes of a young boy.
Even though the film is short, the story hits directly to the heart. And in less than 9 minutes, it made me reminisce on my childhood days, my school days, my wedding day, the day I gave birth to my son and...
One day, I came to a realization that there are only 3 secrets to building passive income:
Time: Save as early as you can
Money: Save as much and as regular as you can
Interest rate: Find better than inflation interest rate
The main reason that we want to start saving early is because of compound interest. Assuming that we use the...
Sometimes, I had the chance to do a financial wellness presentation to companies. Before the presentation, we would have a simple workshop and in most cases, the participants would share their own financial knowledge and experience on how to set aside funds for their future as well as list their issues on not being able to save.
Savings....
"1945" is an amazing short documentary by Sun Life of Canada (Philippines), Inc.
I was touched with the short film's ending message. "In 1945, Sun Life
personnel traced and searched for the beneficiaries of those who
perished in the war. A time of chaos became a time of honoring
commitments and making lives brighter under the Sun."
This is truly customer satisfaction and relationship service!
From past to present, life...
Google has provided us a lot of powerful online tools and one of these tools help us "compare search volume patterns across specific regions, categories, time frames and properties."
Today, I wanted to understand what are the most common search keywords done in the Philippines in the last 12 months and with just a few clicks on Google Insight;...
Maslow's Pyramid of Needs. Credits: Wkipedia
Maslow's hierarchy of needs interprets human's basic needs as the foundation of the pyramid and gradually elevates to the levels that human motivations generally move through -- safety, love/belonging, esteem and self actualization.
"For the most part, physiological needs are obvious...
The Philippine Insurance Commission has released the results of 2011 Top Life Insurance Companies based on total premium income. Sun Life of Canada (Philippines), Inc. ranked number one in life insurance company in the Philippines.
“We are very happy with the record-breaking results of our Philippine operations. We have full confidence...
Below are 5 suggestions that can help you make the right decision for you and your family.
Research and compare. Use the web to shop. Ask for insurance quotes that include all options or riders so you know exactly what is available.
Ask questions so that you know what you are getting. Agents or insurance organizations should be able to...
I found this article from the internet and I thought it best described life insurance.
I AM A LIFE INSURANCE POLICY
I am a piece of paper, a drop of ink, and a few pennies of premium.
I am a promise to pay.
I help people see visions, dream dreams, and achieve economic immortality.
I am education for the children.
I am savings.
I am property...
Last year, I attended a Financial Literacy Workshop at the Philippine Supreme Court hosted by Mr. Rolly Robles, my RFP teacher, along with his team. It was a great workshop because it made the Philippine Supreme Court staff learns how to save, spend as well as understand the importance of investing their money wisely.
One of the activities...
The top 40 richest in the Philippines are:
Henry Sy - $9.1 billion (SM Prime)
Lucio Tan - $4.5 billion (Phillip Morris Fortune Tobacco)
Enrique Razon Jr. - $3.6 billion (International Container Terminal Services)
John Gokongwei Jr. - $3.2 billion (JG Summit)
David Consunji - $2.7 billion (DMCI)
Andrew Tan - $2.3 billion (Alliance Global)
Jaime Zobel de Ayala - $2.2 billion (Ayala Corp.)
George Ty - $1.7 billion (Metropolitan...
Forbe's listing of world's top 10 billionaires:
Carlos Slim Helu & family - $69 B (telecom, Mexico)
Bill Gates - $61 B (Microsoft, United States)
Warren Buffett - $44 B (Berkshire Hathaway, United States)
Bernard Arnault - $41 B (LVMH, France)
Amancio Ortega - $37.5 B (Zara, Spain)
Larry Ellison - $36 B (Oracle, United States)
Eike Batista - $30 B (mining, oil, Brazil)
Stefan Persson - $26 B (H&M, Sweden)
Li Ka-shing...
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