Malacanang already declared that the Eid al Adha (Eidul Adha) which is also known as the “Feast of Sacrifice,” for the Muslim world will be celebrated this coming Monday, October 6, 2014. The Eid al Adha is one of the Regular Holidays in the Philippines, therefore the Department of Labor and Employment urged private companies to abide by the mandated Pay Rules for a Regular Holiday.
The declaration of the October 6, 2014 national regular holiday was announced by the national government last Tuesday, September 16, 2014. The announcement was released to the media by Presidential spokesperson Edwin Lacierda, who noted that the declaration was contained in Proclamation No. 875 signed by no less than the highest official in the country, Pres. Benigno Simeon C. Aquino III.
According to various Muslim sites, the Eid al-Adha holiday is an Islamic festival that commemorate the willingness of Prophet Ibrahim, to follow Allah’s command to sacrifice his son Ishmael.
The Islamic festival also marks the end of the world-renowned Hajj or the pilgrimage to the Muslim’s Holy City of Mecca in Saudi Arabia, which is also considered as one of the Five Pillars of the Muslim world.
According to Muslim scholars, the Five Pillars of Islam includes: Shahadah, Salat, Zakat, Sawn and Hajj or the pilgrimage to Mecca at least once in a lifetime if a Muslim is able.
Here’s the Official Holiday Pay Rules for the October 6, Holiday (Eid al-Adha):
If the employee did not work, he shall be paid 100 percent of his salary for that day. Computation: (Daily rate + Cost of Living Allowance) x 100 percent. The COLA is included in the computation of holiday pay.
If the employee worked, he shall be paid 200 percent of his regular salary for that day for the first eight hours. Computation: (Daily rate + COLA) x 200 percent. The COLA is also included in computation of holiday pay.
If the employee worked in excess of eight hours (overtime work), he shall be paid an additional 30 percent of his hourly rate on said day. Computation: Hourly rate of the basic daily wage x 200 percent x 130 percent x number of hours worked.
If the employee worked during a regular holiday that also falls on his rest day, he shall be paid an additional 30 percent of his daily rate of 200 percent. Computation: (Daily rate + COLA) x 200 percent] + (30 percent [Daily rate x 200 percent)].
If the employee worked in excess of eight hours (overtime work) during a regular holiday that also falls on his rest day, he shall be paid an additional 30 percent of his hourly rate on said day. Computation: (Hourly rate of the basic daily wage x 200 percent x 130 percent x 130 percent x number of hours worked.