Last Updated on April 13, 2017 by Marie Bautista
 |
| Overworked Employee by Michal Marcol via freedigitalphotos.net |
** Update: The following is a list of holidays for 2014, declared by virtue of Proclamation No. 655, s. 2013:
January 1, 2014, Wednesday – New Year’s Day (Regular Holiday)
January 31, 2014, Friday – Chinese New Year (Special non-working day)
February 25, 2014, Tuesday – EDSA Revolution anniversary (Holiday for all schools)
April 9, 2014, Wednesday – Araw ng Kagitingan (Regular Holiday)
April 17, 2014 – Maundy Thursday (Regular Holiday)
April 18, 2014 – Good Friday (Regular Holiday)
April 19, 2014 – Black Saturday (Special non-working day)
May 1, 2014, Thursday – Labor Day (Regular Holiday)
June 12, 2014, Thursday – Independence Day (Regular Holiday)
August 21, 2014, Thursday – Ninoy Aquino Day (Special non-working day)
August 25, 2014, Monday – National Heroes Day (Regular Holiday)
November 1, 2014, Saturday – All Saints Day (Special non-working day)
November 30, 2014, Sunday – Bonifacio Day (Regular Holiday)
December 24, 2014, Wednesday – Additional special non-working day (Special non-working day)
December 25, 2014, Thursday – Christmas Day (Regular Holiday)
December 26, 2014, Friday – Additional special non-working day (Special non-working day)
December 30, 2014, Tuesday – Rizal Day (Regular Holiday)
December 31, 2014, Wednesday – Last day of the year (Special non-working day)
*Separate proclamations will be issued for the observance of Eid’l Fitr and Eidul Adha
Labor Day in the Philippines will be
celebrated on May 1, 2013. A lot of you most
probably would be enjoying this holiday, including me who will start a day
earlier by being on leave tomorrow.
Others prefer to work, though. If
you do, do you know how to compute your holiday
pay in the Philippines?
And do you know that if you are a MINIMUM WAGE EARNER, you are exempt from paying income tax on your taxable income, including your holiday pay, night shift differential pay and hazard pay. Are you a minimum wage earner? Find out here.
First off, the following are the
regular holidays, special non-working holidays and specials holiday for schools
in the Philippines for 2013 as contained in Proclamation No. 459 signed by
President Aquino on August 16, 2012:
Regular Holidays
- New Year’s Day: January 1 (Tuesday)
- Maundy Thursday: March 28
- Good Friday: March 29
- Araw ng Kagitingan: April 9 (Tuesday)
- Labor Day May 1 (Wednesday)
- Independence Day June 12 (Wednesday)
- National Heroes Day August 26 (Last Monday of August)
- Bonifacio Day November 30 (Saturday)
- Christmas Day December 25 (Wednesday)
- Rizal Day December 30 (Monday)
Special Non-Working Days
- Black Saturday March 30
- Ninoy Aquino Day August 21 (Wednesday)
- All Saints Day November 1 (Friday)
Additional Special Non-Working Days
- December 24 (Tuesday)
- December 31 (Tuesday)
Special Holiday for all schools
- EDSA Revolution Anniversary February 25 (Monday)
xxx
Holiday Pay is the payment of your
regular daily wage for any unworked regular
holiday. Not all employees can have
their holiday pay, though. Holiday Pay
in the Philippines does not apply to:
regular daily wage for any unworked regular
holiday. Not all employees can have
their holiday pay, though. Holiday Pay
in the Philippines does not apply to:
- Government employees
- Retail and service establishments
regularly employing less than ten (10) workers - Househelpers and persons in the
personal service of another - Managerial employees provided they
meet the conditions under the Labor Code - Officers or members of a managerial
staff provided they meet the conditions under the Labor Code - Field personnel and other employees
whose time and performance are unsupervised by the employer, including those
who are engaged on task or contract basis, purely commission basis or those who
are paid a fixed amount for performing work irrespective of the time consumed
in its performance.
The Department of Labor and
Employment has issued Memorandum Circular No. 1 on March 8, 2004 for the
computation of your holiday pay when you do decide to work, instead of hit the
beach, on a holiday:
Employment has issued Memorandum Circular No. 1 on March 8, 2004 for the
computation of your holiday pay when you do decide to work, instead of hit the
beach, on a holiday:
Computation of Holiday Pay for
Regular Holiday
Regular Holiday
A. If it is your regular workday:
1. If unworked – 100%
2. If worked – 1st 8 hours –
200%
200%
– Excess of 8 hours – plus 30% of
hourly rate on said day
hourly rate on said day
B. If it is your rest day:
1. If unworked – 100%
2. If worked – 1st 8 hours –
plus 30% of 200%
plus 30% of 200%
– Excess of 8 hours –plus 30% of
hourly rate on said day
hourly rate on said day
Computation of Holiday Pay for
declared Special Non-Working Day:
declared Special Non-Working Day:
A. If it is your regular workday:
1. If unworked – No pay, unless there
is a favorable company policy, practice or Collective Bargaining Agreement
(CBA) granting payment of wages on special days even if unworked.
is a favorable company policy, practice or Collective Bargaining Agreement
(CBA) granting payment of wages on special days even if unworked.
2. If worked – 1st 8 hours –
plus 30% of the daily rate of 100% while excess of 8 hours – plus 30% of hourly
rate on said day
plus 30% of the daily rate of 100% while excess of 8 hours – plus 30% of hourly
rate on said day
B. If it is your rest day:
1. If unworked – No pay, unless there is a
favorable company policy, practice or Collective Bargaining Agreement (CBA)
granting payment of wages on special days even if unworked.
favorable company policy, practice or Collective Bargaining Agreement (CBA)
granting payment of wages on special days even if unworked.
2. If worked – 1st 8 hours –
plus 50% of the daily rate of 100% while excess of 8 hours – plus 30% of hourly
rate on said day.
plus 50% of the daily rate of 100% while excess of 8 hours – plus 30% of hourly
rate on said day.
For those declared as special
working holidays, for work performed, an employee is entitled only to his basic
rate. No premium pay is required since
work performed on said days is considered work on ordinary working days.
working holidays, for work performed, an employee is entitled only to his basic
rate. No premium pay is required since
work performed on said days is considered work on ordinary working days.
Taxability of Holiday Pay:
Holiday pay is included in your taxable compensation income and is subject to withholding tax. However, if you are a minimum wage earner*, you are exempt from the payment of income on your taxable income, including your holiday pay, overtime pay, night shift differential pay and hazard pay.
Minimum Wage Earner – a worker in the private sector paid the statutory minimum wage, or an employee in the public sector with compensation income of not more than the statutory minimum wage in the non-agricultural sector.
Nice!!! When I was still an employee, I am very keen with holiday pays 😀 Ayoko nagpapadaya hehehe…
Btw, I would like to invite you to partner with me on this year's back to school project for the children here in Panglao, Bohol 🙂
I don't really work on Holidays na. Lalo lang lumalaki ang tax ko e 🙁
I would rather work on my online shop na lang.
Mommy Maye
That's AWESOME! The only non- working holiday here is CHRISTMAS, So, enjoy the labor day.:)
unfortunately, there is no double pay with my office now. i forgot the reason why but kasi we're contract based.
I found blogs to be greatly attention-grabbing. i will be able to be returning to next journal for additional knowledge. The country offers a superb range of lavish and quality hotels at an excellent value for money. We at Falcon and Sachz also believe that ethnic and authentic charms are essential to a genuinely.
India Holidays
Very useful article for me, there is more information I have is very important. Thank you I'm glad you could get out of it to share..
salaries
How about the computation for the monthly paid employee. Holidays falling on sundays?
314 factor use in computing our salary.
thanks
Are monthly paid employees entitled for additional pay on
holidays falling on Sundays. Like Nov 30, 2014.
314 factor use in salary computation. Sundays our rest day.