Thursday, April 30, 2015

Philippine Legal Holidays 2015





A. Regular Holidays
New Year’s Day
1
January (Thursday)
Maundy Thursday
2
April
Good Friday
3
April
Araw ng Kagitingan
9
April (Thursday)
Labor Day
1
May (Friday)
Independence Day
12
June (Friday)
National Heroes Day
31
August (Last Monday of August)
Bonifacio Day
30
November (Monday)
Christmas Day
25
December (Friday)
Rizal Day
30
December (Wednesday)
Eid’l Fitr
To be announced
Eidul Adha
To be announced
B. Special (Non-Working) Days
Chinese New Year
19
February (Thursday)
Black Saturday
4
April
Ninoy Aquino Day
21
August (Friday)
All Saints Day
1
November (Sunday)
Additional special (non-working) days
2
January (Friday)
24
December (Thursday)
Last Day of the Year
31
December (Thursday)
C. Special Holiday (for all schools)
EDSA Revolution Anniversary
25
February (Wednesday)


Legal Notes:
ü An employee is entitled to a holiday pay even if he does not work on a holiday.

ü An employee shall not be entitled to a holiday pay if he should    have  been   absent without pay  on the  working day  preceding   the regular holiday.



ü Computation of Holiday Pay (Regular Holidays):

a.   If the employee did not work, he/she shall be paid 100 percent of his/her salary for that day. Computation: (Daily rate + Cost of Living Allowance [“COLA”]) x 100%. The COLA is included in the computation of holiday pay.

b.   If the employee worked, he/she shall be paid 200 percent of his/her regular salary for that day for the first eight hours. Computation: (Daily rate + COLA) x 200%. The COLA is also included in computation of holiday pay.

c.    If the employee worked in excess of eight hours (overtime work), he/she shall be paid an additional 30 percent of his/her hourly rate on said day. Computation: Hourly rate of the basic daily wage x 200% x 130% x number of hours worked.- If the employee worked during a regular holiday that also falls on his/her rest day, he/she shall be paid an additional 30 percent of his/her daily rate of 200 percent. Computation: (Daily rate + COLA) x 200%] + (30% [Daily rate x 200%)].

d.   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 percent of his/her hourly rate on said day. Computation: (Hourly rate of the basic daily wage x 200% x 130% x 130% x number of hours worked)

ü Computation of Holiday Pay (Special Non Working Days):
a.   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.

b.   If the employee worked, he/she shall be paid an additional 30 percent of his/her daily rate on the first eight hours of work. Computation: [(Daily rate x 130%) + COLA).

c.     If the employee worked in excess of eight hours (overtime work), he/she shall be paid an additional 30 percent of his/her hourly rate on said day. Computation: (Hourly rate of the basic daily wage x 130% x 130% x number of hours worked).

d.   If the employee worked during a special day that also falls on his/her rest day, he/she shall be paid an additional fifty percent of his/her daily rate on the first eight hours of work. Computation: [(Daily rate x 150%) + COLA].

e.     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 percent of his/her hourly rate on said day. Computation: (Hourly rate of the basic daily wage x 150% x 130% x number of hours worked).


ü Special Holiday for All Schools:

a.   For private establishments, 25 February 2014 is an ordinary workday and no premium is required to be paid for work on said day.

b.   On the other hand, employees in private schools, whether academic or administrative personnel, shall be paid in accordance with the rules for pay on special (nonworking) days as stated in Labor Advisory No. 06, Series of 2013.

References:

1.    Labor Code, As Amended
2.    Proclamation No. 831, S. 2014
3.    Labor Policy No. 09 S. 2014
5.    http://www.dole.gov.ph


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