- If the employee did not work, the “no-work, no-pay” principle shall apply, unless there is a favorable company policy, practice, or collective bargaining agreement (CBA) granting payment on a special day;
- If the employee worked, he or she shall be paid an additional 30 percent of his or her daily rate on the first eight hours of work [(daily rate x 130 percent) + COLA];
- If the employee worked in excess of 8 hours (overtime work), he or she shall be paid an additional 30 percent of his or her hourly rate on said day (hourly rate of the basic daily wage x 130 percent x 130 percent x number of hours worked);
- If the employee worked during a special day that also falls on his or her rest day, he or she shall be paid an additional 50 percent of his or her daily rate on the first 8 hours of work [(daily rate x 150 percent) + COLA];
- If the employee worked in excess of 8 hours (overtime work) during a special day that also falls on his or her rest day, he or she shall be paid an additional 30 percent of his or her hourly rate on said day (hourly rate of the basic daily wage x 150 percent x 130 percent x number of hours worked).
1. Do you have to pay for your sales job?
2. Is it really about selling?
3. Is it actually about recruiting?
4. Are you buying or selling?
5. Are you paying to be trained and “motivated” by the company (or upline) you work for?
6. Does the company provide enough information for you to do your won “due diligence?”
taken from “What about this one?
Many Filipinos today are considering going from being an average employee to becoming a small-time business owner. And this could be just one great move for them. Robert Kiyosaki once said in his book entitled “Rich Dad, Poor Dad” that financial freedom can be attained through establishing a business and investing. Nevertheless, the country is undeniably booming with various business and investment opportunities. From manufacturing hand-crafted products to opening restaurants, the ideas are endless. They come up with innovative products and services that can stand even during tough economic times.
Starting a small business from home is usually the scenario here in the country. With a decent capital to get by, budding entrepreneurs are slowly climbing their way to the top through ingenious strategies. But just like any other venture, it doesn't come easy. Surely, challenges may come even if you're building your business at home. But with the right mindset and techniques, the journey towards financial freedom wouldn't be that much difficult.
A Conducive Work Environment
Regardless of what industry you're in, it is crucial to designate a workspace suited for you. There are lots of home office ideas swarming over the Net which you can take advantage of. Set aside some space in your house, preferably somewhere with minimal distractions. Moreover, investing in professional office equipment and furniture is a sound investment. Spending time in front of the computer means you need to be mindful about ergonomics. An ergonomic chair and keyboard saves you from repetitive stress injuries.
Keep a Strong Team
A home-based business isn't equivalent to a one-man show. The fact that it is business means you need experts to help you out. These are people who must be adept with aspects you are not familiar with. For instance, if you are not familiar with setting up an online presence, you may hire a web developer with an SEO and internet marketing experience. Aside from that, you may need the help of accountants, bookkeepers and even lawyers. Assess what your strengths are when it comes to running a business and focus on the parts which you are good at. Leave the rest to your competent team.
Building your company also means building its identity in the market. Part of your business plan should be impressive yet feasible marketing strategies. Branding is all about establishing your business' credibility through delivering the message of your products and/or services clearly. Create ways to connect to your clients and customers emotionally.
No matter what size, businesses should always make their customers feel valued. When you come to think of it, your company wouldn't even suffice without them. Cultivating relationships with your target audience is extremely essential during the first stage of your business. Winning their loyalty is a matter of being grateful and respectful of them, be it through exceptionally answering to their queries and attending to their concerns.
Managing and growing your small business at home is definitely possible. Starting out while keeping in mind these concepts may even give you a bigger and brighter opportunity in the corporate scene.
Anna Garcia writes for Regus PH. Regus Philippines offers excellent serviced accommodation and business solutions in three of the largest metropolitans in the country: Manila, Makati and Cebu City.
- Ranked as Visionary in recent HR Outsourcing research
- Ranked as top 3 HRO player by HRO Today
- Ranked as top 10 European technology company by Truffle 100
- Largest SAP HCM consultancy practice globally with over
2,000 experienced consultants
- Industry awards
- 2010 “Most Innovative BPO Company of the Year” by ICT
- 2009 Winner ‘HR Product of the Year’ by HR Executive
- 2009 Winner of ‘Technology relationship of the year’ with SAP
- 2008 Named ‘major outsourcer of the year’ by the Institute of
- 2010 Winner of the SAP Pinnacle Award for BPO Provider of the Year
- 2008 Winner of the SAP Pinnacle Award for Business
- 2006 Winner of the SAP Pinnacle Award for Global
- SAP certified Global BPO service provider
US Payroll Specialist
- Works as the first point of contact in the delivery centre for Client HR representative.
- Work could include calls, tickets, emails or faxes from clients requesting services, support or issue resolution.
- Serves as the first escalation level for HR Consultant.
- Resolves escalated and complex issues in one or more specific process areas which include payroll, reports, processes and controls.
- Researches and processes master data changes and executes all process steps in accordance with the client’s standard operating procedures.
- Processes payroll (on and off cycle) and post payroll reconciliation and other transactions.
- Produces and supplies regular and on-demand payroll reports and statistical information according to the agreed services (SoS).
- Ensures the quality and timely delivery of payroll services (processing and controls) according to the contract and SLA
- Advanced HR expertise – In depth knowledge of processes, policies and regulations within the area of Payroll, Benefits Administration and employment law/legislation appropriate to the clients geography
- Good analytical skills – to be able to break down a problem, situation or process into its component parts, to separate the main issues from side-issues, to understand the nature of parts and their relationship to one another
- Gathering information and problem solving – look at existing issues and interact with others to find adequate solutions
- Knowledge of the Service Centre processes, policies and procedures (e.g. escalation procedures, service level agreements, client service standards)
- Good communicator and customer oriented – to be able to identify and understand the customer's needs
- Results oriented – to be able to achieve targets aligned with business goals
- Well-organized and planned, schedules time effectively and uses efficient work methods and tools
- Detail-oriented, thorough and focused on all aspects of the job to ensure high levels of accuracy
- Teamwork – to be able to work with colleagues to achieve targets and objectives.
- Ability to work under pressure, remains calm, is objective and controlled in responding to urgent or demanding situations. Maintains effective performance against strict deadlines
- Computer skills: MS Office, SAP HR, HR IS/IT systems and SC technology (tools for documentation/tracking, service delivery channels etc.)
Last night, I was reading one of the books written by Bo Sanchez. He is one of my favorite authors because his writings are very inspiring and uplifting. The title of the book is 40 Stories of Passion – Learn from 40 ordinary people on how to make your life extraordinarily beautiful.
One of the stories that I really like in that book is about the life of Lola Nieves Verneza. She was interviewed by Bo Sanchez, and she was 81 year old at the time of interview. Let me share the things they talked about.
Bo: Nanay, tell be a bit of your roots
Nanay: I came, from a poor family in San Pedro, Laguna.
Bo: Did you always have this entrepreneurial blood in you?
Nanay: Yes! At the age of 15, I was already selling. It was the year 1943, during World War II. I sold “contraband” items that the Japanese soldiers confiscated for their use such as rice and chicken. So in deep baskets, I put the rice and the chicken under my patola and sitaw. I carried these baskets by foot, by calesa, by train and by banca to Manila. It was very difficult and dangerous. But that was the only way we could survive.
Bo: Weren’t you afraid?
Nanay: I was. Those were scary times. I had to intentionally look ugly so that the Japanese soldiers won’t pick on me. If you were pretty, you’d get confiscated too!
Bo: When did you get married?
Nanay: When I was 18 years old, I met Censio in one of my banca rides to Manila. After to talking to my parents, we got married very soon after.
Bo: What was Censio’s livelihood?
Nanay: He was a poor farmer and a fisherman. But even after the war, I continued to sell whatever I could find that I could make a profit on.
Bo: And you lived a simple life so that you could save…
Nanay: Yes. We saved every centavo. If my children asked for 90 centavos to buy something for school (and I gave them one peso), when they returned, I asked for the 10 centavo change.
Bo: What happened next?
Nanay: When we saved enough money for a down payment, we bought a jeepney. Censio learned how to drive and decided, with complete trust for better opportunity, to relocate the whole family to Paco, Manila. By grace or chance, he got an offer as a driver from the nearby school to be their official “school bus driver.” Meanwhile, I opened a tiny store in Paco Market to sell clothes. It was really a four-foot table and nothing much. But every day, I’d wake up early in the morning to work, saving for our children’s future.
Bo: And then what happened?
Nanay: Through our savings, Censio was able to buy a second-hand bus to meet the demand of more students being served. And then we bought a property loan. The owner of the land was a friend and she agreed on a pay-when-able scheme. Through our savings everyday, we paid it in two years. After that, we build apartments. To save money, my husband learned how to be an architect, engineer, contractor and foreman – even if he only finished Grade 6. And so for another two years, we built 70 apartments…
Bo: Seventy: Did you say 70 apartments?
Nanay: Yes, 70, very simple and small apartments.
Bo: How did you do it?
Nanay: Censio would borrow from the hardware construction material. We built one apartment and rented it out right away. We asked for a two- or three-month deposit from the tenant. We used that money to start building another apartment unit. We didn’t stop until we reached that many apartments.
Bo: I still can’t believe you built that many apartments! Wow! Weren’t your neighbors shocked?
Nanay: They were. They thought we got money from rich relatives. They didn’t know that through all those years, we were saving money – little by little.
Bo: Thank you for your inspiring story. At 81, now that Censio has passed away, you give most of your time to your service to God. Any last words?
Nanay: Live a simply lifestyle. . Eat vegetables and fish. Avoid stress. Don’t have too much worries. Pray. At magtipid. Mag-ipon. At lahat ng kita, itago. Ilagay sa negosyo o sa paupahan. (Be frugal. Save. Keep all your income. Put it in business or lend it to someone.)
This interview was taken from the book 40 Stories of Passion. To learn more of his inspiring books and magazines, log onto Bo Sanchez website, www.bosanchez.ph or you can email at email@example.com