Here are the commonly asked questions about the employee performance evaluation, salary loan policy, and the asset transfer policy answered and explained:


1. Who performs the employee evaluation?

  • The one who performs the employee performance evaluation are the team leaders or the department heads. It is their task to assess and gauge the members of their department for their shown skills and adherence to rules and regulations within the company.


2. What is the difference between employee evaluation and mentor buddy program?

  • The main difference is that the employee evaluation is used to gauge the employee’s capabilities and to further assess how they will be useful in their own fields. It is used for future employment purposes to provide insight for the new employers about the employee’s moral character. As for the mentor buddy program is a proposed plan for the department heads or team leaders to follow up people in their team to assess their work, how they are adjusting to the company and such.


3. What are the different types of evaluations to be conducted and who is it for?

  • There are four types of evaluation to be done namely:
    • Probationary (No KPI) - for employees who are still not regularized.
    • Team Leads - for team leaders of each client based team in the back office department.
    • Officers - officers for each department.
    • Rank and File - for every employee before being promoted.


4. How often are evaluations done?

  • Evaluations are done every 1st, 3rd, and 5th month of the employee. The counting of the days starts when the employee has been onboarded. The 5th month performance evaluation will serve as basis for regularization.


5. Is there an interest rate or interests to be given when availing the salary loan?

  • No, there is no interest rate for the salary loan but it is the responsibility of the employee availing the loan to pay on time to avoid dealing with too much debt in their hands.


6. How much is the maximum amount to be loaned by the employee?

  • The maximum amount to be loaned by an employee is equivalent to the 1-month salary of employee.


7. Is there a limit to how many salary loans an employee can avail?

  • There is no limit as how many times an employee can avail the loan assistance as long as they are fully paid with their existing loans.


8. Who decides the amount to be deducted on the salary of the employee availing the salary loan?

  • There is a part of the salary loan form where the employee gets to decide how many times will the loan be paid in a month either every 10th, 25th, or both and how many months he/she opts to pay the loan. However, the maximum is only up to 6 months. For example, the employee loaned PHP 15,000 and he/she chose to pay every 25th of the month and to be paid for 6 months. The computed amortization per 25th of the month is PHP 2,500.


9. What happens when you don’t inform the company about transferring assets from one place to another? Is it considered a major breach?

  • The company will be notified and you have to make a NTE or a notice to explain as to why you did such things without consulting the company first. However, it is only considered a minor breach and the employee will not be subjected to an administrative hearing or a possible dismissal unless the equipment has been tampered with and has damages. That is another violation and quite serious this time.


10. Is there a need for the FOM department to be informed in the asset transfer process?

  • No, since the employee now has the liability of the assets. The FOM is only needed if the employee opts to transfer working from the office to working from home.


11. Name reasons why the asset transfer form might be rejected


Here are some of the reasons as to why it might be rejected:

  • Slow internet at the new place.
  • Not feasible for work (the new workplace of the employee like there's too much noise and what not).
  • Too far (like you have to have the equipment shipped overseas).