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Cash Bond for employees...

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1 Cash Bond for employees... on Sun Jul 21, 2013 3:28 pm

Kael12


Arresto Menor
it's my first job & i want to resign... the company is deducting my salary for cash bond every 15th & end of the month... if i resign will i get my cash bond??
i signed a 2-year contract but i'm only employed for 7 months now... but fortunately/unfortunately my boss doesn't have his signature on my contract...

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2 Re: Cash Bond for employees... on Tue Jul 23, 2013 12:36 pm

HR Adviser


Reclusion Perpetua
Did you undergo a formal training?

Cash bond should not be deducted every pay day. It should be paid by the employee in event that he no longer want to push through his contract.

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3 Re: Cash Bond for employees... on Wed Jul 24, 2013 3:09 pm

Kael12


Arresto Menor
i had 6 months training...
before i started the HR oriented me & said we have Php5,000 cash bond & every pay they deduct Php300 until the Php5,000 is consumed...
are there different kinds of cash bond?? is my cash bond different from what you're saying??

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4 Re: Cash Bond for employees... on Thu Jul 25, 2013 9:43 am

HR Adviser


Reclusion Perpetua
Since you had a six-month training your  company can impose a bond but as I've said earlier cash bond should not be deducted every pay day. It should be paid by the employee in event that he no longer want to push through his contract.

You may send a courteous letter asking them to stop deducting your bond and you may use this article from the labor code

Art. 113.Wage deduction. No employer, in his own behalf or in behalf of any person,
shall make any deduction from the wages of his employees, except:
a. In cases where the worker is insured with his consent by the employer, and the
deduction is to recompense the employer for the amount paid by him as
premium on the insurance;
b. For union dues, in cases where the right of the worker or his union to check-off
has been recognized by the employer or authorized in writing by the individual
worker concerned; and
c. In cases where the employer is authorized by law or regulations issued by the
Secretary of Labor and Employment.

Should your company insist that they will continue to deduct bond, you may ask them to present a letter from the DOLE Secretary that they are authorized to do so.

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5 Bond term on Mon Aug 12, 2013 6:34 pm

angge


Arresto Menor
What other term or system can we use so that we can have something to hold on in case the employee went AWOL or if the employee does not want to pay the bond? Thank you!

HR Adviser wrote:Since you had a six-month training your  company can impose a bond but as I've said earlier cash bond should not be deducted every pay day. It should be paid by the employee in event that he no longer want to push through his contract.

You may send a courteous letter asking them to stop deducting your bond and you may use this article from the labor code

Art. 113.Wage deduction. No employer, in his own behalf or in behalf of any person,
shall make any deduction from the wages of his employees, except:
a. In cases where the worker is insured with his consent by the employer, and the
deduction is to recompense the employer for the amount paid by him as
premium on the insurance;
b. For union dues, in cases where the right of the worker or his union to check-off
has been recognized by the employer or authorized in writing by the individual
worker concerned; and
c. In cases where the employer is authorized by law or regulations issued by the
Secretary of Labor and Employment.

Should your company insist that they will continue to deduct bond, you may ask them to present a letter from the DOLE Secretary that they are authorized to do so.

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6 Re: Cash Bond for employees... on Tue Aug 13, 2013 9:10 am

HR Adviser


Reclusion Perpetua
I suppose you are an HR so I PM you the reply. Smile 

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7 cash bond issue on Fri Nov 29, 2013 8:03 pm

oriba0708


Arresto Menor
nagwowork po ako sa isang agency na which is halos laht ng empleyado naguguluhan sila sa cash bond.. since dumting ako dito sa agency up until now almost 1 yr n aq.. knakaltasan pa din po ako ng cash bond, every pay day knkaltasan kmi ng 250.00 every payday.. panu na lang sa mga nauna sa kin.. tama po ba yung pag kaltas ng cash bond as long as nagwowork ako dito sa agency na toh..

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8 Re: Cash Bond for employees... on Sun Dec 01, 2013 9:49 am

attyLLL


moderator
imo, the cash bond deduction is illegal. file a complaint at the nearest dole field office.


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9 Re: Cash Bond for employees... on Wed Dec 04, 2013 2:58 pm

oriba0708


Arresto Menor
attyLLL wrote:imo, the cash bond deduction is illegal. file a complaint at the nearest dole field office.
thank you sir, illegal pala siya, kawawa naman pala yung mas nauna sa akin.

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10 Re: Cash Bond for employees... on Wed Dec 04, 2013 4:56 pm

alexisbantilan


Reclusion Perpetua
HR adviser,

Yung mean na cash bond ni Kael12 ay yung under agency employee ka then kinakaltasan ka ng cash bond as ipon daw kada sahod ksi ibabalik naman daw pag nagresign na.so parang ipon nila yun which is by LAW IS NOT ALLOWED.
It is only allowed to specific jobs that requires emloyees to have cash bond if they are handling money, merchandising and even stocks.

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11 Re: Cash Bond for employees... on Wed Dec 04, 2013 7:51 pm

HR Adviser


Reclusion Perpetua
Alex,

I dont see a statement I've written saying that Kael's cash bond is savings. In fact I was saying that it is illegal and that he should courteously ask his company to stop it. You must be hallucinating Smile

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12 Re: Cash Bond for employees... on Thu Dec 05, 2013 2:50 pm

mj_cabang


Arresto Menor
hello every one, ask ko lng po kung ang isang contractual employee n na endo n ay mkakakuha p b ng 13th month pay at separation pay bukod s cash bond n kinkaltas sknya every pay day. kung hindi sknya ito maibgay may karaptan po b xang mgreklamo s labor?

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13 Re: Cash Bond for employees... on Thu Dec 05, 2013 3:30 pm

HR Adviser


Reclusion Perpetua
Yes. If not given. The employee should file money claims

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14 Cashbond on Tue Jan 21, 2014 12:40 pm

yie_floresca


Arresto Menor
hello good morning po i have a question po regarding sa cashbond namin na umabot na sa 10 month since kami ay na end of contract at lagi ko po kinocontact ang agency na akin pinasukan lagi lang nila sinasabi ay maghintay..our cashbond is important anu po ba ang matatawag sa ganitong klase ng sistema nila pwede po ba ito gawan ng proper action?thanks po.

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15 Re: Cash Bond for employees... on Wed Jan 22, 2014 9:57 am

Patok


Reclusion Perpetua
file money claim at DOLE.

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16 Re: Cash Bond for employees... on Fri Jan 24, 2014 12:02 pm

gladdys


Arresto Menor
Good morning. I would like to ask for advise regarding the posting of bonds for drivers and sales personnel. These employees when hired are given allowances which they need to liquidate. Also, they have in their custody products of the company. How if these employees went on AWOL?

Is it legal if we deduct P500 from their salary up to 6 months (until they are regularized) as bond and include that provision in their contract of employment? If such provision is included in the contract and the employee signed it, will that make it legal?

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17 Re: Cash Bond for employees... on Fri Jun 06, 2014 9:28 am

bingmontz


Arresto Menor
hello. Been reading your advises and it helped a lot. But still, I need one for my case. I was employed as probationary branch head in a corporation and before signing the contract, i clearly stated that I am not willing to travel outside Bacolod city. After 3 months, the operations head gave me a directive to be assigned in other branches. I have noticed that the corporation HR Dept system is not fair. Either RE-ASSIGN or RESIGN. In my case, I resign. When I asked for my cash bond, my superior told me that its a case to case basis. I havent had any training, insurance and the agreement for the cash bond is only AUTHORITY TO DEDUCT and not the cash bond agreement authorized by SLC/DOLE.

There are other anomalies happening in their system when it comes to employees. They terminated one staff (4 years) but he is not yet regular and got only 4k for his 4 years of service. I dont want to be a part of their system thats why I resigned.

The head office told me once you resigned, you cannot get your cash bond. I know cash bond is illegal in the first place. I have written to them thru email the reason why I resigned and asking for my bond but they dont reply.

Please enlighten me what to do. Thanks.




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18 Re: Cash Bond for employees... on Wed Jan 06, 2016 11:28 am

Tanong q lng po. Ang co. Na napusakan q nuon ay meron pong bonds na P200k, Effective po to ng 2yrs. So I resign for my 1 and a half year of experience. Then sinisingil po ako ng company ng 200k dahil hindi q daw natapos ang 2yrs. Wala po akong naging training and wala din pong kaltas ang salary. Is it legal or not? Ty and God bless everyone.

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19 Re: Cash Bond for employees... on Wed Jan 06, 2016 12:38 pm

council


Reclusion Perpetua
Al Guillano Dela Cruz wrote:Tanong q lng po. Ang co. Na napusakan q nuon ay meron pong bonds na P200k, Effective po to ng 2yrs. So I resign for my 1 and a half year of experience. Then sinisingil po ako ng company ng 200k dahil hindi q daw natapos ang 2yrs. Wala po akong naging training and wala din pong kaltas ang salary. Is it legal or not? Ty and God bless everyone.

Pumirma ka sa kasulatan at nagkasundo kayo so legal pa rin yan unless mapatunayan na merong mali o pagkukulang sa bahagi ng kumpanya.

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20 Re: Cash Bond for employees... on Fri Jan 08, 2016 2:40 pm

jgabrillo24


Arresto Menor
Hi!

During my employment on my previous work, the employer deducted cash bond from our salary for 7 and a half months, P15k in total (according to them it will be used for any penalties to be incurred in the future). There was never a contract regarding the cash bond and we did not affix our signatures to any agreement or whatsoever. Last November 2015, it came to our knowledge that the cash bond of the existing employees have been refunded already. We thought that we, the resigned employees, are also entitled to claim the same. We filed a complaint to the Employees' Compensation Commission, an agency attached to DOLE. A hearing was held but our previous employer kept on insisting that we have to comply with the clearance first before they can release it, which we believe is not reasonable. Our next step now is to file a complaint in the NLRC. Do you think we can win the case? Is the Labor Code Art. 113 enough as proof to illegally collect cash bonds from their employees?

Your reply will be very much appreciated and helpful. Thanks.

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21 Re: Cash Bond for employees... on Tue Apr 12, 2016 6:28 pm

Lelouch


Arresto Menor
Good day po. Ask lang po. i used to work for 10 month and I signed a 2 year contract sa isang firm. I plan to resign but when I ask our accounting regarding kung magkano pa yung babayaran sa bond ko, they said 25k fixed bond daw po yun. Any advice?

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22 Re: Cash Bond for employees... on Wed Apr 13, 2016 9:01 am

HrDude


Reclusion Perpetua
Lelouch wrote:Good day po. Ask lang po. i used to work for 10 month and I signed a 2 year contract sa isang firm. I plan to resign but when I ask our accounting regarding kung magkano pa yung babayaran sa bond ko, they said 25k fixed bond daw po yun. Any advice?

Check your contract. If a provision regarding the matter and the amount is stated, then DO NOT resign.

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23 CASH BOND / I DON'T HAVE A COPY OF MY CONTRACT on Sat May 14, 2016 12:34 pm

shnlcntr


Arresto Menor
Hi. I have several questions po.

I've been employed for more than 2 months now in a school. I signed a contract which states that I need to finish/ pass 6 months probatinary period, and if I decided to resign earlier than 6 months, I should pay a bond of 20,000Php. Aside from that, it is also stated in the contract that I should render 60 days after the resignation had been filed.

I was hired March 17, 2016, and my first pay was given the 15th of April because of what they call "PONDO". Every cut off from April 15, indicated in my payslip is a deduction of "CASH BOND", which as far as I can remember is not explained to me, and not stated on the provisions of my contract.

Also, a friend told me that cash bonds are only applicable if the employer provided / is providing / will provide a formal training, which I am not getting from them, neither all of my co-employees.

With all of these conditions, my employer is still not giving me a copy of my signed contract. My boss, whose name is stated on the last part of the contract, has no signature of him yet on the day that I signed it.

Here are my questions:
- If I am going to resign, am I liable for that cash bond?
- If I am going to resign, would I need to render 60 days, or should it be only 30 days upon resignation?
- I read an article that deducting cash bonds is illegal, what should I do with my case?
- Is it also true that the cash bond is only applicable if the employer is providing formal trainings (those with certificate)?
- I already requested a copy my contract but they refused to give it to me because the "boss" hasn't signed it yet. What else do I need to do?

I'm hoping that all these questions will be answered. Thanks!

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24 Re: Cash Bond for employees... on Mon May 16, 2016 8:58 am

lukekyle


Reclusion Perpetua
- If I am going to resign, am I liable for that cash bond?
YES, you will technically be liable for the amount agreed upon in the contract.

- If I am going to resign, would I need to render 60 days, or should it be only 30 days upon resignation?
If you signed 60 days, then its 60 days. Just like if the contract says 5 days lang, then its 5 days lang

- I read an article that deducting cash bonds is illegal, what should I do with my case?
Ask employer for a refund of the amount deducted from salary already

- Is it also true that the cash bond is only applicable if the employer is providing formal trainings (those with certificate)?
NO, walang bearing yung may certificate etc



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25 Re: Cash Bond for employees... on Tue May 17, 2016 10:40 am

HrDude


Reclusion Perpetua
- If I am going to resign, am I liable for that cash bond?
NO, bonds can only be claimed if the employer is entitled to it. If what you say is true, that there no training nor any acts from the employer for the advancement of the employee and totally has incurred no costs, the entitlement to the bond is not justifiable even if it is written in the contract.

NOTE: It is not automatic or absolute that if bonds are included in the every contract, it is enforceable.

- If I am going to resign, would I need to render 60 days, or should it be only 30 days upon resignation?
30-day turnover period would suffice unless a longer period is stated in your contract.

- I read an article that deducting cash bonds is illegal, what should I do with my case?
Deduction from the salary of the employee without any agreement to do so is NOT valid. You may file a complaint for this if warranted.

- Is it also true that the cash bond is only applicable if the employer is providing formal trainings (those with certificate)?
NO, trainings and/or seminars or any acts that would benefit the employee, even if without certificates, can also be subjected to bonds.

- I already requested a copy my contract but they refused to give it to me because the "boss" hasn't signed it yet. What else do I need to do?
FILE a complaint. That way, your company will be compelled to issue you your contract.

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26 Re: Cash Bond for employees... Today at 12:37 pm

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