|Holiday Pay: What You Need to Know|
"The Philippines has 14 public holidays per annum - a number that can increase if the state calls a public occasion a special holiday."
The Philippines has 14 public holidays per annum - a number that can increase if the state calls a public occasion a special holiday. Aside from the euphoria that public holidays create among everyone affected by the day off, working individuals should be interested in the extra cash parceled in holiday premiums.
Philippine holiday pay rules are stipulated in the Labor Code which states that employees are entitled to 200% of their basic daily pay for the first eight hours and an additional 30% of their hourly rate for work rendered in excess of eight hours.
If you filed a leave with pay on this day, you are still entitled to the 100% premium provided that you were present on the day before the holiday. Otherwise, a holiday pay will not be added to your pay.
Some Philippine holidays, we're referring to the religious ones, don't fall on the same dates of the year. Maundy Thursday, Good Friday, and Eid Ul Fitr are among the holidays with pay that vary in date from year to year. Holidays pay stays the same, however.
A holiday with pay can be legal or special, and each Philippine province can call their own holidays when given approval in Congress.
Holiday Pay Law: Distinguishing Employee Type
Monthly-paid employees receive pay for an entire month, including non working rest days, special holidays, and regular holidays.
Daily-paid employees are those paid on the days they render work which doesn't include non working regular holidays in which they still receive their basic pay if they work or on leave with pay on the working day immediately preceding the holiday.
If it is your rest day, you are entitled to a 230 percent holiday pay and an additional 30 percent for work rendered in excess of eight hours. Should you decide not to work on your rest day you are still entitled to 100 percent of your daily rate.
For more information about working holiday pay, you may refer to Book Three of the Labor Code that explains the Conditions of Employment.