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ROLANDO DS. TORRES v. RURAL BANK OF SAN JUAN

This case has been cited 2 times or more.

2014-02-05
REYES, J.
In Torres v. Rural Bank of San Juan, Inc.,[46] we stated that:Being a managerial employee, the petitioner is not entitled to 13th month pay. Pursuant to Memorandum Order No. 28, as implemented by the Revised Guidelines on the Implementation of the 13th Month Pay Law dated November 16, 1987, managerial employees are exempt from receiving such benefit without prejudice to the granting of other bonuses, in lieu of the 13th month pay, to managerial employees upon the employer's discretion.[47] (Citation omitted)
2013-07-03
VILLARAMA, JR., J.
In line with current jurisprudence, the award of back wages shall earn legal interest at the rate of six percent (6%) per annum from the date of petitioner's dismissal until the finality of this decision.[42]  Thereafter, it shall earn 12% legal interest until fully paid[43] in accordance with the guidelines in Eastern Shipping Lines, Inc. v. Court of Appeals.[44]