Proclamation No. 1128, Series of 2015 |
For those employees working in the private sector must understand how they are being paid during Regular Holidays and Special Non-working days.
According to Department of Labor and Employment, the private sector employers are urged to observe the proper wage rules and core labor standards for the upcoming Eid’l Adha holiday on September 25.
As stated in the Proclamation No. 1128, Series of 2015 issued by the President, declaring September 25 as a regular holiday throughout the country in observance of Eid’l Adha.
Below is the formula on how to compute the pay rules according to DOLE.
The following pay rules for regular holiday shall be observed:
- If the employee did not work; he or she shall be paid 100 percent of his or her salary for that day [(Daily Rate + Cost of Living Allowance) x 100%];
- For work done during the regular holiday, the employees shall be paid 200 percent of his/her regular salary for that day for the first eight hours [(Daily Rate + COLA) x 200%];
- For work done in excess of eight hours (overtime work), he/she shall be paid an additional 30 percent of his/her hourly rate on said day [(Hourly rate of the basic daily wage x 200% x 130% x number of hours worked];
- *For work done during a regular holiday that also falls on his or her rest day, he/she shall be paid an additional 30 percent of his her daily rate of 200 percent [(Daily Rate + COLA) x 200%] + [30% (Daily Rate x 200%)]; and
- For work done in excess of eight hours (overtime work) during a holiday that also falls on his or her rest day, he/she shall be paid an additional 30 percent of his/her hourly rate on said day (Hourly rate of the basic daily wage x 200% x 130% x 130% x number of hours worked).
Happy long weekends everyone!
COLA – Cost-of-living allowance
Source: Gov.ph / DOLE.gov.ph
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