It's that time of the year once again: the plotting of your holiday plans for next year. Earlier today, Malacañang released the official regular and special non-working holidays for 2018.
Officially known as Proclamation 269, the memo signed by Pres. Rodrigo Duterte listed ten regular holidays and eight special non-working days for next year.
To the members of the labor force who wish to rake in more money instead of go on vacation, legal holidays are computed as follows:
To the members of the labor force, legal holidays mean an opportunity to rake in more money. That is, if they choose to report to work instead of going on vacation.
a. If employee did not work, salary paid for that day shall be 100%. It means you get your full daily rate. Sweet.
b. If employee worked that day, salary paid shall be double your daily rate. Daily rate applies to the first eight hours.
c. If employee did OT that day, salary paid shall be double your rate + additional 30% of your hourly multiplied by the number of hours worked.
d. If employee worked and the day happens to be a rest day too, salary paid shall be double your daily rate + 30% of the double pay.
e. If d + OT work, OT work paid shall be 30% of hourly rate of the double pay x 130% (reg. day) x 130% (rest day) x number of works worked.
For Special (Non-Working Day), salary computation is as follows:
a. "No work, no pay" principle applies.
b. If employee did not work, salary paid for that day shall be 130% of daily rate.
c. If employee worked that day, salary paid shall be and additional 30% of hourlyily rate. Daily rate applies to the first eight hours.
d. If employee worked and the day happens to be a rest day too, salary paid shall be an additional 50% of the daily rate.
e. If d + OT work, OT work paid shall be an additional 30% of his hourly rate (hourly rate of basic daily wage x 150% x 130% x number of hours worked.)