Salary Discussion: How To Compute Holiday Pay

Happy Payday Week! πŸ’°

Happy payday week! Here’s a guide to explaining this mysterious document known as payslip.

Today’s topic: Regular Holiday πŸŽ‰

When are we having Regular Holidays?

New Years Day – 1 Jan 2019
Araw ng Kagitingan – 9 April 2019
Maundy Thursday – 18 April 2019
Good Friday – 19 April 2019
Labor Day – 1 May 2019
Independence Day – 12 June 2019
National Heroes Day – 26 Aug 2019
Bonifacio Day – 30 Nov 2019
Christmas Day – 25 Dec 2019
Rizal Day – 30 Dec 2019

A. Not working on Legal/Regular Holiday

Regular nurse or doctor will get the basic daily rate 😴

B. Working on Legal/Regular Holiday

Let say the doctor’s hourly rate is Php 400.00/hour and working 4 hours/day

To determine the employee Legal/Regular Holiday pay:

Legal/Regularly Holiday Pay = (Hourly rate Γ— 200% Γ— 4 hours)

Php 3,200.00 = (Php 400.00 Γ— 2.00 Γ— 4 hours) 😊

C. Working on Legal/Regular Holiday with overtime

Let say the nurse’s hourly rate is Php 100.00/hour and working 8 hours/day with 2 hours overtime

To determine the employee Legal/Regular Holiday with overtime:

Legal/Regularly Holiday Pay = (Hourly rate Γ— 200% Γ— 8 hours)

Php 1,600.00 = (Php 100.00 Γ— 2.00 Γ— 8 hours)

(Basic hourly rate x 2.60 x Number of excess hours)

Php 520.00 = (Php 100.00 x 2.60 x 2 hours)

Php 2,120.00 = Php 1,600 + Php 520.00 😁

D. Working on Legal/Regular Holiday and at the same time Rest day

Let’s say a nurse employee worked 8 hours on a Legal/Regular Holiday and at the same time his/her rest day

And for example, nurse’s hourly rate is Php 100.00/hour and working 8 hours/day

To determine the employee Legal/Regular Holiday, working on a rest day

Legal/Regular Holiday work on a rest day = (Basic hourly rate x 8 hours x 2) + [(Basic hourly rate x 8 hours x 2) x 0.30]

Php 1,600.00 = Php 100.00 x 8 x 2 (Legal/Regular Holiday)

Php 480 = (Php 100.00 x 8 x 2) x 0.30

Php 2,080 = Php 1,600.00 + 480.00 🀣

E. Working on a Legal/Regular Holiday with overtime on a rest day

Let’s say a nurse employee worked 8 hours on a Legal/Regular Holiday and at the same time his/her rest day

And for example, nurse’s hourly rate is Php 100.00/hour and working 8 hours/day (same as above) and rendered 2 hours of overtime

Legal/Regular Holiday work with overtime on a rest day = (Basic hourly rate x 8 hours x 2) + [(Basic hourly rate x 8 hours x 2) x 0.30] +[(Basic hourly rate x 2.6) x Number of excess hours x 1.3]

Php 676 = (Php 100.00 x 2.6) x 2 x 1.3

Php 2,756.00 = Php 2,080.00(refer to letters D for computation) + Php 676 🀯

These are the holidays for 2019: https://drive.google.com/file/d/1-2nz0eD2DT8aB049NysCucJhid_b8RqN/view?usp=drivesdk

Ask for your payslip. Know what’s in it and know what’s for you. (Read here to learn more about your payslip) You earned it.

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🀳ayoh

ayoh health

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