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Tag - overtime pay

27 Jun

Computing the Overtime Pay of a Monthly Paid Employee receiving Above-Minimum Salary

Previously, we posted an article on how to compute the overtime pay of employees who are minimum wage earners using the daily wage rate in NCR per Wage Order No. NCR-22 or PhP537.00 per day. However, there are employees who are entitled to overtime pay for work beyond eight (8) hours but are monthly paid. In practice, monthly paid employees can be rank-and-file, supervisory, or managerial in level. It is settled that supervisory and managerial employees, as a general rule, are [...]

By Labor Law 8 Comments Read more...
27 Jun

How to Compute Overtime Pay with Illustrations Using NCR Daily Minimum Wage

Overtime work is performed beyond eight hours of work. This should be compensable at a rate provided by law. See illustration using the latest NCR PhP570.00 daily minimum here. Under Article 83 of the Labor Code work may be performed beyond eight (8) hours a day provided that the employee is paid for the overtime work, an additional compensation equivalent to his regular wage plus at least twenty-five percent (25%) thereof. (See pp. 33-34 of re-numbered and updated Labor Code [...]

By Labor Law 14 Comments Read more...
05 Dec

Holiday Pay and Overtime Pay Computation Using the NCR Minimum Wage of P537

Holiday pay is one of benefits which every employee anticipates during the month of December. There are regular holidays and special days in this month. December 8 is a special non-working holiday. December 25, Christmas Day, is a regular holiday, while December 30 is also a regular holiday being Rizal Day and December 31 is a special holiday being the end of the year. Seeming like luck favored the employees in NCR, effective November 22, 2018, Wage Order No. NCR-22 raised [...]

By Labor Law , , 20 Comments Read more...
26 Mar

PAY RULES DURING HOLYWEEK

Two days of the Lenten season are considered regular holidays. Maundy Thursday and Good Friday are paid twice whenever the employee reports for work.          However, there are employees who prefer to be absent to spend time with their loved ones, usually in the provinces. How should the holiday pay be computed and other related benefits? If the employee works on both days, then he should be paid twice his daily rate. If he does not work, he is generally entitled [...]

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