Private sector employees who will report for work on Friday, November 30, Andres Bonifacio Day, a regular holiday will receive 200 percent or double pay of their salary for the day, the Department of Labor and Employment (DOLE) said Thursday.
In Labor Advisory No. 16, series of 2018, it said that employees who will work on the said holiday, shall be paid 200 percent of their regular salary for that day for the first eight hours ([daily rate + cost of living allowance] x 200 percent).
If the employees worked in excess of eight hours (overtime work), they shall be paid an additional 30 percent of their hourly rate on said day (hourly rate of the basic daily wage x 200 percent x 130 percent x number of hours worked).
For those who will work during a regular holiday that also falls on their rest day, they shall be paid an additional 30 percent of their daily rate of 200 percent [(daily rate + COLA) x 200 percent] + [30 percent (daily rate x 200 percent)].
Employees who worked in excess of eight hours (overtime work) during a regular holiday that also falls on their rest day shall be paid an additional 30 percent of their hourly rate on said day (hourly rate of the basic daily wage x 200 percent x 130 percent x 130 percent x number of hours worked).
On the other hand, if the employees did not work, they shall be paid 100 percent of their salary for that day ([daily rate + COLA] x 100 percent).
The November 30 was declared as a regular holiday under Proclamation No. 555, series of 2018, issued by President Rodrigo Duterte.
