The Department of Labor and Employment (DOLE) urged employees in the private sectors to follow the Holiday Pay Rules intended for Special Non-Working Holiday. The August 21, 2015 national holiday this Friday was already declared by the national government as a Special Non-Working Holiday.
The August 21 national holiday was declared and signed by President Aquino through Proclamation No. 831, s. 2014. The holiday is celebrated every year in commemoration of the death anniversary of the late Sen. Benigno Aquino, Jr.
Here’s the Holiday Pay Rules for the Ninoy Aquino Holiday 2015:
*** If the employee did not work, the “no-work, no-pay” principle shall apply, unless there is a favorable company policy, practice, or collective bargaining agreement (CBA) granting payment on a special day.
*** If the employee worked, he or she shall be paid an additional 30 percent of his or her daily rate on the first eight hours of work [(daily rate x 130 percent) + COLA].
*** If the employee worked in excess of 8 hours (overtime work), he or she shall be paid an additional 30 percent of his or her hourly rate on said day (hourly rate of the basic daily wage x 130 percent x 130 percent x number of hours worked).
*** If the employee worked during a special day that also falls on his or her rest day, he or she shall be paid an additional 50 percent of his or her daily rate on the first 8 hours of work [(daily rate x 150 percent) + COLA].
*** If the employee worked in excess of 8 hours (overtime work) during a special day that also falls on his or her rest day, he or she shall be paid an additional 30 percent of his or her hourly rate on said day (hourly rate of the basic daily wage x 150 percent x 130 percent x number of hours worked).