Practice question
An employee’s cash bond is established to be fully returnable at separation, with no outstanding lawful accountability. HR omits it solely because it is not basic salary. Which is correct?
- Only basic salary can ever be final pay.
- All bonds automatically become employer donations.
- The bond’s existence is irrelevant even when due.
- Refundable deposits are categorically excluded.
- A due refundable bond is within the advisory’s listed final-pay components.
Legal references
- DOLE Labor Advisory 06-2020, January 31, 2020, Sections I-IV, archived signed original DOLE PDF: https://web.archive.org/web/20220809160012id_/https://www.dole.gov.ph/wp-content/uploads/2020/02/Labor-Advisory-No.-06-20-Guidelines-on-the-Payment-of-Final-Pay-and-Issuance-of-Certificate-of-Emplo.pdf
- DOLE January 2026 official confirmation of final-pay and COE rules: https://dole.gov.ph/news/final-pay-coe-must-be-released-on-time-dole/
Answer this question in flashcards to review your response and continue practicing.