Thursday, December 3, 2020

Guidelines Out For Holiday Pay On Undas

Guidelines Out For Holiday Pay On Undas

Spotlight

Children Still Survive In Makeshift Homes And Miss Out On Learning After Typhoon Rolly

"Our house was destroyed because we are poor," said nine-year-old Maria who was among the thousands of children left homeless when Super Typhoon Rolly made landfall in Albay.

SM Scholar Alumna Becomes Agent Of Peacebuilding In Conflict Affected Areas

SM Foundation scholar alumni Carissa Cruz shares what drives her to continue to strive for excellence at work in life in general.

Filipino PR Executive Wins People Of The Year 2020 In Beijing

PAGEONE Group CEO Ron F. Jabal was recognized as People of the Year 2020 in the Golden Flag Awards — one of most prominent PR awards in China!

GSIS To Release Php3.3B In Christmas Cash Gift To Pensioners Starting Dec 1

Good news! GSIS announced that it will start to release a total of Php3.3 billion in Christmas cash gift to a total of 330,496 old-age and disability pensioners starting December 1.

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)

Latest News

Children Still Survive In Makeshift Homes And Miss Out On Learning After Typhoon Rolly

"Our house was destroyed because we are poor," said nine-year-old Maria who was among the thousands of children left homeless when Super Typhoon Rolly made landfall in Albay.

NegOr Town Imposes Lockdown To Stem Covid-19 Rise

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SM Scholar Alumna Becomes Agent Of Peacebuilding In Conflict Affected Areas

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Bohol Eyes Reopening By 2nd Week Of December

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Speed Of The Future: realme X50 Pro 5G To Launch Via Smart Signature Plan On December 03

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