BISELCO Awards 15-Year Power Supply Deal To CIPC To Strengthen Palawan’s Energy Security

BISELCO has awarded a 15-year power supply deal to CIPC, aimed at enhancing Palawan’s energy security.

Vivant Hits Record PHP2.3 Billion Core Net Income In 2024 Amid Strong Growth

Vivant Corporation reports a remarkable 20% increase in consolidated core net income for 2024, reaching Php 2.3 billion.

ASUS Zenbook A14: The Lightest Zenbook AI Laptop Is In The Philippines

The Zenbook A14 is setting new standards in the world of lightweight laptops with its remarkable design. #PAGEONExASUS

GALLANT: Inspiring Local Champions, Awakening Global Potential

GALLANT is here to inspire local champions and awaken global potential. The time to step up is now.

Guidelines Out For Holiday Pay On Undas

Guidelines Out For Holiday Pay On Undas

15
15

How do you feel about this story?

Like
Love
Haha
Wow
Sad
Angry

Private sector workers who will report to work on November 1 (All Saints’ Day) and November 2 (All Souls’ Day) will receive an additional 30 percent in their salaries.

In an advisory, the Department of Labor and Employment (DOLE) said November 1 and 2 have been declared as special non-working days under Proclamation No. 555, series of 2018, issued by President Rodrigo Duterte.

The pay rules for November 1 and 2 provides that for work done on these days, an employee shall be paid an additional 30 percent of his/her basic wage on the first eight hours, or [(Basic Wage x 130%) + COLA].

If the employee worked in excess of eight hours (overtime), employee shall be paid an additional 30 percent of his/her hourly rate, or [(Hourly Rate of the basic wage x 130% x 130% x number of hours worked)].

For work done during these days that also fall on employee’s rest day, he/she shall be paid an additional 50 percent of his/her basic wage on the first eight hours, or [(Basic wage x 150%) + COLA].

For work done in excess of eight hours (overtime), an employee shall be paid an additional 30 percent of his/her hourly rate, or [(Hourly Rate of the basic wage x 150% x 130% x number of hours worked)].

At the same time, the DOLE noted that the ‘no work, no pay’ principle will apply, unless there is a favorable company policy, practice or collective bargaining agreement (CBA) granting payment on a special day.

The Malacañang proclamation was made to strengthen family ties by providing more time to observe their most cherished traditions, All Saints’ Day and All Souls’ Day. (PNA)