Final Pay and Certificate of Employment Guidelines Per Labor Advisory 06, Series of 2020 PDF File
Final pay refers to the sum or totality of all the wages or monetary benefits due the employee regardless of the cause of the termination of employment, including but not limited to:
- Unpaid earned salary of the employee;
- Cash conversion of unused Service Incentive Leave (SIL) pursuant to Article 95 of the Labor Code;
- Cash conversion of remaining unused vacation, sick or other leaves pursuant to a company policy, or individual or collective bargaining agreement, if applicable;
- Pro-rated 13th month pay pursuant to Presidential Decree 851 (PD 851);
- Separation pay pursuant to Articles 298-299 of the Labor Code, as renumbered, company policy or individual or collective agreement, if applicable;
- Retirement pay pursuant to Article 302 of the Labor Code, as renumbered if applicable;
- Income tax claim for the excess of taxes withheld, if applicable;
- Other types of compensation stipulated in an individual or collective agreement, if any; and
- Cash Bond/s or any kind of deposit/s due for return to the employee, if any.
Below is the PDF file of the labor advisory (original file not mine):
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