The National Heroes Day will be celebrated in the Philippines this coming Monday, August 25, 2014 in commemoration of the country’s national heroes who fought for the Philippine Democracy and Independence. The Department of Labor and Employment (DOLE) already released the official Pay Rules for the National Heroes Day 2014.
Under Proclamation 655 Series of 2013 signed by President Benigno Simeon Aquino III, the August 25, 2014 is declared as one of the country’s national Regular Holiday. It is also the second non-working holiday for the month of August this year.
The other August Holiday which was already celebrated last August 21, is the Ninoy Aquino Day which was declared by the National government as a Special Non-Working Holiday throughout the country.
The Department of Labor and Employment urged private employers and various business institutions in the country to abide by the promulgated Pay Rules for their Employees in celebration of the country’s National Heroes Day which is already declared as one of the Regular Holidays nationwide.
Here’s the Complete Pay Rules on August 25, 2014 National Heroes Day:
* If an employee does not work; he shall be paid 100 percent of his or her salary for that day [(Daily Rate + Cost of Living Allowance) x 100 percent];
* For work done during the regular holiday, an employee shall be paid 200 percent of his regular salary for that day for the first eight hours [(Daily Rate + Cost of Living Allowance) x 200 percent];
* For work done in excess of eight hours (overtime work), he shall be paid an additional 30 percent of his or her hourly rate on said day [(Hourly rate of the basic daily wage x 200 percent x 130 percent x number of hours worked];
* For work done during a regular holiday that also falls on his or her rest day, he or she shall be paid an additional 30 percent of his her daily rate of 200 percent [(Daily Rate + Cost of Living Allowance) x 200 percent] + [30 percent (Daily Rate x 200 percent)]; and
* For work done in excess of eight hours (overtime work) during a holiday that also falls on an employee’s rest day, he shall be paid an additional 30 percent of his 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).