1. Holiday Pay Eligibility

  • Employees who do not log any work hours during a declared holiday but are eligible for holiday pay will receive the following:
    • Holiday Pay: 100% of their daily rate, provided they meet the eligibility criteria, such as having worked on the day immediately preceding the holiday or being on approved leave.

2. Work Performed During Holidays

  • Employees who log work hours during a declared holiday are entitled to the following:
    • Regular Holiday: 200% of their daily rate for the first eight hours logged.
    • Special Holiday: 130% of their daily rate for the first eight hours logged.
    • Overtime: For work done beyond eight hours, an additional 30% of their hourly rate on the said day will be applied.

3. Computation Example

  • Holiday Pay (No Logs):
    • If an employee’s daily rate is ₱1,000 and they did not log any hours but are eligible for holiday pay, they will receive ₱1,000.
  • Regular Holiday (With Logs):
    • For an employee who logged work hours on a regular holiday with a daily rate of ₱1,000, they will receive ₱2,000 (200% of the daily rate) for the first eight hours.
    • If they work overtime, they will receive an additional 30% of their hourly rate multiplied by the number of overtime hours.
  • Special Holiday (With Logs):
    • For an employee who logged work hours on a special holiday with a daily rate of ₱1,000, they will receive ₱1,300 (130% of the daily rate) for the first eight hours.
    • Overtime will be calculated as 30% of the hourly rate on that day, multiplied by the overtime hours.