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Jul
How to Compute Daily Pay Equivalent for Above-Minimum Monthly Paid Employee
Monthly-paid employees are those who are paid every day of the month, including unworked rest days, special days, and regular holidays. Factor 365 days in a year is used in determining the equivalent monthly salary of monthly-paid employees. (No. 1, D, DOLE Handbook on Worker’s Statutory Monetary Benefits, 2019 Edition) Daily-paid employees are those who are paid on the days they actually worked and on unworked regular holidays. (Ibid.) Acquire Mastery of HR/Labor Rules, Doctrines and Principles with Atty. Villanueva’s HR [...]