MANILA, Philippines – With Proclamation No. 555, s. 2018 that declared August 26, 2019 (Monday) as regular holiday in observance of National Heroes Day, Labor Secretary Silvestre Bello III issued a labor advisory prescribing the proper payment of wages.
Bello advised the employers to observe the following formula in the computation of wages for workers for August 26 regular holiday:
SEE ALSO: LIST: 2019 Holidays, Long Weekends in the Philippines
Employees who did not work on said holidays shall be paid 100 percent of their salary ([Basic wage + COLA] x 100 percent)], while those who worked shall be paid 200 percent of their regular salary for the first eight hours ([Basic wage + COLA] x 200 percent).
Further, if the employees worked overtime (work done in excess of eight hours), they shall be paid an additional 30 percent of their hourly rate (hourly rate of the basic wage x 200 percent x 130 percent x number of hours worked).
Moreover, those who worked on a regular holiday that also fell on their rest day shall be paid an additional 30 percent of their basic wage of 200 percent [(Basic wage + COLA) x 200 percent] + [30 percent (Basic wage x 200 percent)].
Workers who rendered overtime work on a regular holiday that also fell on their rest day shall be paid an additional 30 percent of their hourly rate on said day (hourly rate of the basic wage x 200 percent x 130 percent x 130 percent x number of hours worked).
— The Summit Express
Bello advised the employers to observe the following formula in the computation of wages for workers for August 26 regular holiday:
SEE ALSO: LIST: 2019 Holidays, Long Weekends in the Philippines
Employees who did not work on said holidays shall be paid 100 percent of their salary ([Basic wage + COLA] x 100 percent)], while those who worked shall be paid 200 percent of their regular salary for the first eight hours ([Basic wage + COLA] x 200 percent).
Further, if the employees worked overtime (work done in excess of eight hours), they shall be paid an additional 30 percent of their hourly rate (hourly rate of the basic wage x 200 percent x 130 percent x number of hours worked).
Moreover, those who worked on a regular holiday that also fell on their rest day shall be paid an additional 30 percent of their basic wage of 200 percent [(Basic wage + COLA) x 200 percent] + [30 percent (Basic wage x 200 percent)].
Workers who rendered overtime work on a regular holiday that also fell on their rest day shall be paid an additional 30 percent of their hourly rate on said day (hourly rate of the basic wage x 200 percent x 130 percent x 130 percent x number of hours worked).
— The Summit Express