Philippines Salary Compensation (Regular Holiday and Special Non-Working Day)

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Philippines Salary Compensation (Regular Holiday and Special Non-Working Day)

 

Regular Holidays Salary Computation

  • Did not work

Basic wage/Daily rate + Cost of Living Allowance (COLA)

  • Did work

(Daily rate + COLA) x 2

  • Did work with overtime

[(Basic wage + COLA) x 2] + (Basic hourly rate x Number of excess hours x 2.6)

  • Did work on a rest day (regular/legal holiday and rest day at the same time)

[(Basic wage + COLA) x 2] + [(Basic wage x 2) x .30]

  • Did work with overtime on a rest day (regular/legal holiday and rest day at the same time)

[(Basic wage + COLA x 2] + [(Basic wage x 2) x .30] + [(Basic hourly rate x 2.6) x Number of excess hours x 1.3]

 

Special Non-Working Day Salary Computation

  • Did not work

No work no pay, unless there is a favorable company policy, practice, or collective bargaining agreement (CBA) granting payment on a special day.

  • Did work

[(Daily rate x 1.3) + COLA]

  • Did work with overtime

[(Daily rate x 1.3) + COLA] + (Daily rate x 1.69 x Number of excess hours)

  • Did work on a rest day (special non-working day and rest day at the same time)

[(Daily rate x 1.5) + COLA]

  • Did work with overtime on a rest day (special non-working day and rest day at the same time)

[(Daily rate x 1.5) + COLA] + (Basic hourly rate x 1.95 x Number of excess hours)

 

Read also: 2018 Philippines Holidays (Regular Holiday and Special Non-Working Day)

 

Source: www.dole.gov.ph

 

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Why Asia Relocation?

We will go to great lengths to ensure the highest quality moving experience is afforded to you and your family at all times. Every move is treated as a unique operation by our experienced team of expert movers.

Get in Touch

Asia Relocation
Office: #116B, MCS Tower, Makati Cinema Square, Makati City, Philippines
Warehouse:  #401, Bormaheco Compound, Cervantes Street, Paranaque, Philippines

 +63 2 810 4977

 +63 917 538 5607

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