Thursday, September 17, 2015

Baldoz urges employers to observe pay rules for Eid’l Adha holiday on 25 September



Labor and Employment Secretary Rosalinda Dimapilis-Baldoz yesterday urged private sector employers to observe the proper wage rules and core labor standards on 25 September 2015, which is a regular holiday across the nation, in celebration of Eid’l Adha, or the Feast of Sacrifice of the Muslims.

President Benigno S. Aquino III issued Proclamation No. 1128, Series of 2015, declaring 25 September as a regular holiday throughout the country in observance of Eid’l Adha.  The proclamation was signed by the President on 14 September.

 
Baldoz emphasized that the declaration of a regular holiday was meant to foster goodwill between the Filipino Muslims and the Filipino Christians, as the feast is a celebration of Muslims in honoring the willingness of Ibrahim to obey Allah and in commemorating the end of Hajj, or the Pilgrimage to Mecca.

 
“Proper observance of the pay rules on a regular holiday strengthens decent work and encourages productivity. Voluntary compliance of companies with this labor standard is good business practice,” she said.

 
The following pay rules for regular holiday shall be observed on 25 September:

• If the employee did not work; he or she shall be paid 100 percent of his or her salary for that day [(Daily Rate + Cost of Living Allowance) x 100%];

• For work done during the regular holiday, the employees shall be paid 200 percent of his/her regular salary for that day for the first eight hours [(Daily Rate + COLA) x 200%];
 
• For work done in excess of eight hours (overtime work), he/she shall be paid an additional 30 percent of his/her hourly rate on said day [(Hourly rate of the basic daily wage x 200% x 130% x number of hours worked];

• For work done during a regular holiday that also falls on his or her rest day, he/she shall be paid an additional 30 percent of his her daily rate of 200 percent [(Daily Rate + COLA) x 200%] + [30% (Daily Rate x 200%)]; and

• For work done in excess of eight hours (overtime work) during a holiday that also falls on his or her rest day, he/she shall be paid an additional 30 percent of his/her hourly rate on said day (Hourly rate of the basic daily wage x 200% x 130% x 130% x number of hours worked).

No comments:

There was an error in this gadget
There was an error in this gadget