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- Are all employees entitled to separation pay when leaving the company? | 18 October 2024
Are all employees entitled to separation pay when leaving the company? | 18 October 2024
Separation pay shall be paid by the employer to an employee terminated due to installation of labor-saving devices, redundancy, retrenchment, closure or cessation of operations not due to serious business losses or financial reverses, and disease.
Alburo Law
October 18, 2024
Separation pay shall be paid by the employer to an employee terminated due to installation of labor-saving devices, redundancy, retrenchment, closure or cessation of operations not due to serious business losses or financial reverses, and disease.
An employee whose employment is terminated by reason of just causes is not entitled to separation pay except as expressly provided for in the company policy or Collective Bargaining Agreement (CBA).
(Section 5.5, Rule I-A, OLE Department Order No. 147, series of 2015)
THE SUPREME COURT DECIDES: A TRADEMARK REGISTERED IN BAD FAITH IS CONSIDERED AS UNFAIR COMPETITION UNDER THE IP CODE.
The Supreme Court held that a trademark registered in bad faith is considered as unfair competition under the IP Code. Fraud and bad faith, in terms of trademark, go hand-in-hand. There is no distinction between these concepts since one necessarily presupposes the existence of the other. Under Section 151 of the IP Code, a certificate of registration may be canceled if, among others, it was fraudulently made.
Why choose ALBURO LAW?
Alburo Alburo & Associates Law Offices:
• Have labor law and business law as our main fields of practice. For almost a decade now, we have been helping businesses improve their productivity and profitability by helping them comply with relevant laws, rules, and regulations.
• Observe high standards of excellence.
• Always consider innovative approaches to effectively address the legal concerns of our clients, covering a wide range of industries such as food, manufacturing, chemicals, real estate, retail and wholesale trade, and services in fields such as information technology, human resources, security, training, process outsourcing and other manpower services, among many others.
Contact us: 09778050020 | 09778050015 | (02) 7745-4391
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NOVEMBER 2024 TRAINING PROGRAM
