Most of us employees are happy during Holiday, because it's another day for us to rest and enjoy our day spending it with our family and friends. But some also enjoyed working on this day because of what we called "DOUBLE PAY or HOLIDAY PAY" especially if we need more money to help us for our expenses..
So it's very important that "we know how much we should be getting from working during this special day."
Based on the pay rules issued by the Department of Labor and Employment (DOLE) through Labor Advisory No. 18 dated March 25, 2015, workers shall be paid 200 percent of his/her regular salary for that day for the first eight hours [(Daily rate + COLA) x 200%]. COLA means Cost-of-Living Allowance.
If the 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 [Hourly rate of the basic daily wage x 200% x 120% number of hours worked].
For those workers who will not report to work, they shall be paid 100% of his/her salary for that day [Daily rate + COLA) x 100%]
On the other hand, an additional 30% of his/her daily rate of 200% will be received by the worker, if he/she reported for work during a regular holiday that also falls on his/her rest day [(Daily rate + COLA) x 200%] + [30% (Daily rate x 200%)].
For overtime work rendered during a regular holiday that also falls on his/her rest day, he/she shall be paid an additional 30% of his/her hourly rate on said day (Hourly rate of the basic daily wage x 200% x 130% x 130% x number of hours worked).
So now you can choose if you want to take this opportunity to spend it with your family or take this chance to earn more..
Happy Holiday Everyone..