Department of Labor and Employment (DOLE) issued an advisory regarding rules on payment of wages applicable for Holidays and non-working days on October 26, November 1,2 and 30, 2012.
So if you are an employee, check the following pay rules on those holidays based on the Labor Advisory No. 3 by DOLE:
Payment of Wages for the Regular Holidays on October 26 and November 30, 2012 and Special (Non-working) Days on November 1 and 2, 2012
1. Regular Holidays: October 26 and November 30, 2012
1.1 If the employee did not work, he/she shall be paid 100% of his/her salary for that day [Daily Rate + COLA] x 100%;
1.2 If the employee worked, he/she shall be paid 200% of his/her regular salary for that day for the first eight hours [Daily Rate + COLA] x 200%;
1.3 If the employee worked in excess of eight hours (overtime work) he/she shall be paid an additional 30% of his/her hourly rate on said day [Hourly Rate x 200% x130% x Number of hours worked];
1.4 If the employee worked during a regular holiday that also falls on his/her rest day, he/she shall be paid an additional 30% of his/her daily rate of 200% [(Daily Rate + COLA) x 200%] + [30% Daily Rate x 200%; and
1.5 If the employee worked in excess of eight hours (overtime work) during a regular holiday that also falls on his/her rest day, he/she shall be paid an additional 30% of his/her hourly rate on said day(Hourly Rate x 200% x 130% x Number of hours worked).
2. Special (Non-working) Days: November 1 and 2, 2012
2.1 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;
2.2 If the employee worked, he/she shall be paid an additional 30% of hi/her daily rate on the first eight hours of work (Daily Rate 130%);
2.3 If the employee worked in excess of eight hours (overtime work) he/she shall be paid an additional 30% of his/her hourly rate on said day (Hourly Rate x 130% x 130 % x Number of hours worked);
2.4 If the employee worked during a special day that also falls on his/her rest day, he/she shall be paid an additional 50% of his/her daily rate on the first eight hours of work (Daily Rate x 150%); and
2.5 If the employee worked in excess of eight hours (overtime work) during a special day that also falls on his/her rest day, he/she shall be paid an additional 30% of his/her hourly rate on said day(Hourly Rate x 150% x 130% x Number of hours worked).
Source: DOLE