Friday, July 17, 2015

Working on a holiday? Here's how you should get paid

MANILA - While most employees took a day off from work Friday, some had to report for duty on the regular holiday. How should they be paid by their employers?

According to the Department of Labor Employment (DOLE), employers should implement the following pay rules for employees who report to work on the holiday:

The employee should be paid 200 percent of regular salary for that day for the first eight hours [(Daily Rate + Cost of Living Allowance) x 200 percent].

For overtime work, the employee should be paid an additional 30 percent of his or her hourly rate on said day [(Hourly rate of the basic daily wage) x 200 percent x 130 percent x number of hours worked]

For work done during a regular holiday that also falls on the employee's rest day, the employee should be paid an additional 30 percent of daily rate of 200 percent [(Daily Rate + Cost of Living Allowance) x 200 percent] + [30 percent (Daily Rate x 200 percent)]

For work done in excess of during a holiday that also falls on a rest day, the employee should be paid an additional 30 percent of his or her hourly rate on said day (Hourly rate of the basic daily wage x 200 percent x 130 percent x 130 percent x number of hours worked)

If the employee did not work, however, the employee should still be paid 100 percent of salary for that day [(Daily Rate + Cost of Living Allowance) x 100%].

Friday, July 17, is the celebration of Eid’l Fitr, the feast marking the end of Ramadan. It was declared a regular holiday because of its religious and cultural significance to the Muslims.

source: www.abs-cbnnews.com