Holiday Pay Rules for February 25 (EDSA People Power Anniversary)
The Department of Labor and Employment reminds the employers of holiday pay rules for February 25 (EDSA People Power Anniversary).
The Labor Department reminded companies and employers regarding the proper payment of wages during the special non-working holiday. The pay rule covers those workers who will report on duty during the holiday.
DOLE issued the announcement again since February 25 is declared as one of the nine (9) special non-working days in the Philippines for the year 2020 based on Proclamation No. 845.
The agency said that employees who will report for work during the special holiday are entitled to receive an additional 30 percent of their basic salary in the first eight hours. “Their basic wage shall be multiplied by 130 percent plus COLA… If they work in excess of eight hours, they will be paid an additional 30 percent on their hourly rate,” DOLE said.
However, the workers who will choose to take the holiday off would not receive his basic wage and the additional 30 percent due to “no work, no pay” principle. Employers could still grant payment on a special day if there is a company policy allowing the pay.
Employers are also required to pay an additional 50 percent to workers who will report to work on their rest day for the first eight hours. Companies should also observe an additional 30 percent per hour rate for worker’s overtime work.
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