Regular employees should be accorded all benefits provided by law

As such regular employees, private respondents are entitled to security of tenure and their services may be terminated only for causes provided by law. Likewise, they are also to be accorded the benefits provided under the Labor Code, including inter alia separation pay for loss of employment resulting from retrenchment to prevent losses or closure/cessation of operation not due to serious business losses. The Solicitor General in his Comment suggested that, being regular employees, they are likewise entitled to the protection of minimum wage statutes. Hence, the separation pay due them may be computed on the basis of the minimum wage prevailing at the time their services were terminated by petitioners. [G.R. No. 92772. November 28, 1996]