Saturday, September 19, 2020

Guidelines Out For Holiday Pay On Undas

Guidelines Out For Holiday Pay On Undas

Spotlight

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This will help local businesses adapt further to the new normal!

EDC Donates PCR Machines To Enhance Negros Oriental’s COVID-19 Resiliency

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CeMAP, PISI Express Full Support For Bayanihan To Recover As One Act

The Cement Manufacturers Association of the Philippines and Philippine Iron and Steel Institute announce full support to the recently signed Bayanihan to Recover as One Act.

Globe Gives Back To Loyal Customers With 0917 National G Day Festivities

With lots of games and surprises for loyal Globe users, catch the National G Day starting September 17!

Private sector workers who will report to work on November 1 (All Saints’ Day) and November 2 (All Souls’ Day) will receive an additional 30 percent in their salaries.

In an advisory, the Department of Labor and Employment (DOLE) said November 1 and 2 have been declared as special non-working days under Proclamation No. 555, series of 2018, issued by President Rodrigo Duterte.

The pay rules for November 1 and 2 provides that for work done on these days, an employee shall be paid an additional 30 percent of his/her basic wage on the first eight hours, or [(Basic Wage x 130%) + COLA].

If the employee worked in excess of eight hours (overtime), employee shall be paid an additional 30 percent of his/her hourly rate, or [(Hourly Rate of the basic wage x 130% x 130% x number of hours worked)].

For work done during these days that also fall on employee’s rest day, he/she shall be paid an additional 50 percent of his/her basic wage on the first eight hours, or [(Basic wage x 150%) + COLA].

For work done in excess of eight hours (overtime), an employee shall be paid an additional 30 percent of his/her hourly rate, or [(Hourly Rate of the basic wage x 150% x 130% x number of hours worked)].

At the same time, the DOLE noted that the ‘no work, no pay’ principle will apply, unless there is a favorable company policy, practice or collective bargaining agreement (CBA) granting payment on a special day.

The Malacañang proclamation was made to strengthen family ties by providing more time to observe their most cherished traditions, All Saints’ Day and All Souls’ Day. (PNA)

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