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Regular holiday pay Article 93 and 94 of the Philippine Labor Code states that a worker shall be paid his regular daily wage during regular holidays whether or not the employee goes to work. The employer can require an employee to work on any holiday, but the employee must be paid an amount double his regular wage. [10]
On top of these pay rules, an employee shall be given an additional 30% if the holiday falls on their rest day, and an additional 30% if they work overtime. On a regular holiday, if the employee did not work, they are entitled 100% of their daily wage. However, a special non-working day usually follows a 'No Work, No Pay' principle.
A thirteenth salary, or end-of-year bonus, is an extra payment sometimes given to employees at the end of December. Although the amount of the payment depends on several factors, it usually matches an employee's monthly salary and can be paid in one or more installments (depending on the country). The thirteenth salary is most prominent in ...
Department of Labor and Employment. Founded on December 8, 1933, the Department of Labor and Employment is the government agency overseeing the labor market of the Philippines. It is tasked to implement the Labor Code and other labor and employment-related policies of the government.
November 30, 2024. ( 2024-11-30) Frequency. annual. Bonifacio Day is a national holiday in the Philippines, commemorating Andrés Bonifacio, one of the country's national heroes. He was the founder and eventual Supremo of the Katipunan, a secret society that triggered the Philippine Revolution of 1896 against the Spanish Empire.
Those who would have report to work if not for the holiday but did not render work are paid their regular rate. Employees required to work due to their nature of their work are paid extra of their daily rate and cost of living daily allowance depending if the holiday is a regular (200%) or a special non-working holiday (130%). [1]
Ends. Easter Sunday. Frequency. Annual. Holy Week ( Filipino: Mahal na Araw; Spanish: Semana Santa) is a significant religious observance in the Philippines for the Catholic majority, the Iglesia Filipina Independiente or the Philippine Independent Church, and most Protestant groups. One of the few majority Christian countries in Asia ...
MANILA (Reuters) - The Philippines' poverty rate dropped to 15.5% last year from 18.1% in 2021, with rising food prices limiting the reduction in the number of poor, the government's statistics ...