14 December 2022 - 09:39A new mobile phone or a spa treatment as a holiday gift for your employees? How about additional paid leave? A Philippine cosmetics company has come up with this novel idea. Picture: BLOOMBERG
Colourette Cosmetics raffled off five days of additional paid leave as part of prizes at a Christmas party, according to a TikTok video from Nina Cabrera, the founder and CEO of the home-grown makeup brand. The prize is a welcome move in the Philippines, which lags its neighbours like Singapore and Indonesia in leave entitlement. According to the Philippine labour code, an employee who has worked for at least a year is entitled to five days of paid leave, though local companies tend to offer more time off than the legal minimum.