Practice question
A payroll officer claims that labor law requires handing over physical bills in every case and therefore prohibits every bank or e-money wage payment. Which is correct?
- The officer is correct in all circumstances.
- Electronic payment always extinguishes all timing requirements.
- A worker's wages can be replaced with any digital token.
- The claim is overbroad: qualified bank and authorized transaction-account payment are recognized, with applicable requirements preserved.
- Only payment in employer goods is permitted.
Legal references
- Labor Code, DOLE consolidated 2022 edition, specified articles: https://natlex.ilo.org/dyn/natlex2/natlex2/files/download/15242/PHL15242%202022.pdf — Articles 102–105.
- DOLE Labor Advisory 26 s. 2020, payment through transaction accounts: https://dole.gov.ph/news/labor-advisory-no-26-20-payment-of-wages-and-other-monetary-benefits-through-transaction-accounts/; DOLE primary presentation: https://www.ilo.org/media/238611/download
- BSP 2020 Financial Inclusion Report, implementation of LA 26-20: https://www.bsp.gov.ph/Media_And_Research/Year-end%20Reports%20on%20BSP%20Financial%20Inclusion%20Initiatives/2020/microfinance_2020.pdf
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