Monday, June 6, 2016

Holiday Pay, Conditions for Entitlement and How to compute Holiday Pay


Part 1 - NCR Minimum Wage, COLA, Normal Hours of Work, Rest Day, Meal Period

 FAQS ON WAGE AND WAGE RELATED BENEFITS  Part 2 ... 

6. WHAT IS HOLIDAY PAY?

     Holiday pay refers to payment of the regular daily wage for any unworked regular holiday.For the list of regular holidays, log in at dole.gov.ph/pages/view/9

 7. WHAT IS THE CONDITION SO THAT AN EMPLOYEE WILL BE ENTITLED TO HOLIDAY PAY?

     He/She should be present on the workday immediately preceding the regular holiday; or
     He/She should be on leave of absence with pay on the day immediately preceding the regular holiday.

8.  HOW CAN AN EMPLOYEE BE ENTITLED TO THE TWO (2) SUCCESSIVE REGULAR HOLIDAYS?

    An employee can be entitled to two (2) successive regular holidays, like Holy Thursday and Good Friday if he/she works or is on leave of absence with pay on the day immediately preceding the first holiday.

9. HOW MUCH IS THE HOLIDAY PAY OF AN EMPLOYEE?

      For any unworked regular holiday, 100% of the employee’s daily wage rate (Basic pay + COLA).
      For work performed on a regular holiday, plus 100% or a total of 200% of the employee’s daily wage rate (Basic pay + COLA).


click for continuation to Part 3 - Premium Pay, Overtime Pay and Night Shift Differential ...

Source :
http://bwc.dole.gov.ph/index.php/9-faqs/17-faqs-on-wage-and-wage-related-benefits



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