MANILA - Labor and Employment Secretary Silvestre H. Bello III advised employers to observe pay rules for the November 30 regular holiday, ...
MANILA - Labor and Employment Secretary Silvestre H. Bello III advised employers to observe pay rules for the November 30 regular holiday, Bonifacio Day.
Bello made the reminder as the nation marks the 153rd birth anniversary of Andres Bonifacio on Wednesday which is a regular non-working holiday.
“I urge our private sector employers to observe the pay rules and core labor standards applicable on that day for our workers’ welfare and protection,” said Bello after issuing Labor Advisory No. 16, Series of 2016. Bonifacio Day is being observed yearly to honor the 'great plebeian', Andres Bonifacio, who was born on November 30, 1863.
The Bonifacio Day pay rules are as follows:
If an employee did not work, he/she shall be paid 100 percent of his/her salary for that day. The COLA is included in the computation of holiday pay. Sample computation: [(Daily rate + COLA) x 100 percent];
If an employee worked, he/she shall be paid 200 percent of his/her regular salary for that day for the first eight hours. The COLA is also included in the computation of holiday pay. Sample computation: [(Daily rate + COLA) x 200 percent].
If an employee worked in excess of eight hours (overtime work), he/she shall be paid an additional 30 percent of his/her hourly rate on said day. Sample computation: [Hourly rate of the basic daily wage x 200 percent x 130 percent x number of hours worked];
If an employee worked during a regular holiday that also falls on his/her rest day, he/she shall be paid an additional 30 percent of his/her daily rate of 200 percent. Sample computation: [(Daily rate + COLA) x 200 percent] + (30 percent [Daily rate x 200 percent)]; and
If an employee worked in excess of eight hours (overtime work) during a regular holiday that also falls on his/her rest day, he/she shall be paid an additional 30 percent of his/her hourly rate on said day. Sample computation: (Hourly rate of the basic daily wage x 200 percent x 130 percent x 130 percent x number of hours worked).’ (DOLE)
- See more at: http://news.pia.gov.ph/article/view/1141479887038/dole-issues-pay-rules-for-bonifacio-day#sthash.L5yDBYSg.dpuf
Bello made the reminder as the nation marks the 153rd birth anniversary of Andres Bonifacio on Wednesday which is a regular non-working holiday.
“I urge our private sector employers to observe the pay rules and core labor standards applicable on that day for our workers’ welfare and protection,” said Bello after issuing Labor Advisory No. 16, Series of 2016. Bonifacio Day is being observed yearly to honor the 'great plebeian', Andres Bonifacio, who was born on November 30, 1863.
The Bonifacio Day pay rules are as follows:
If an employee did not work, he/she shall be paid 100 percent of his/her salary for that day. The COLA is included in the computation of holiday pay. Sample computation: [(Daily rate + COLA) x 100 percent];
If an employee worked, he/she shall be paid 200 percent of his/her regular salary for that day for the first eight hours. The COLA is also included in the computation of holiday pay. Sample computation: [(Daily rate + COLA) x 200 percent].
If an employee worked in excess of eight hours (overtime work), he/she shall be paid an additional 30 percent of his/her hourly rate on said day. Sample computation: [Hourly rate of the basic daily wage x 200 percent x 130 percent x number of hours worked];
If an employee worked during a regular holiday that also falls on his/her rest day, he/she shall be paid an additional 30 percent of his/her daily rate of 200 percent. Sample computation: [(Daily rate + COLA) x 200 percent] + (30 percent [Daily rate x 200 percent)]; and
If an employee worked in excess of eight hours (overtime work) during a regular holiday that also falls on his/her rest day, he/she shall be paid an additional 30 percent of his/her hourly rate on said day. Sample computation: (Hourly rate of the basic daily wage x 200 percent x 130 percent x 130 percent x number of hours worked).’ (DOLE)
- See more at: http://news.pia.gov.ph/article/view/1141479887038/dole-issues-pay-rules-for-bonifacio-day#sthash.L5yDBYSg.dpuf
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