Tag: Philippine Holiday Pay Formula
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The Philippine government sets different pay rules in computing for Regular Holiday and Special (Non-Working) Holiday pay and benefits. If you are currently employed, then continue reading this post so you will know how to compute your special holiday pay if you come to work, rendered overtime, work on a rest day, or did not…
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The pay rate is different when the date is a REGULAR Holiday and if it is a SPECIAL (Non-Working) HOLIDAY in the Philippines. We will explain below how you should compute for your Daily Rate if the date is a Regular Holiday as declared by Malacanang. An example of regular holiday is Eid’l Fitr this…