Philippine Holidays in 2014

As per Proclamation No. 655, there are 12 regular holidays, 7 special non-working days, and 1 special holiday for all schools for the year 2014

Wednesday, January 01, 2014 New Year’s Day
Wednesday, April 09, 2014 Araw ng Kagitingan
Thursday, April 17, 2014 Maundy Thursday
Friday, April 18, 2014 Good Friday
Thursday, May 01, 2014 Labor Day
Thursday, June 12, 2014 Independence Day
Monday, August 25, 2014 National Heroes Day
Sunday, November 30, 2014 Bonifacio Day
Thursday, December 25, 2014 Christmas Day
Tuesday, December 30, 2014 Rizal Day
The dates of the observance of Eid’lFitr and EidulAdha are yet to be proclaimed.
Friday, January 31, 2014 Chinese New Year
Saturday, April 19, 2014 Black Saturday
Thursday, August 21, 2014 Ninoy Aquino Day
Saturday, November 01, 2014 All Saints Day
Wednesday, December 24, 2014 Additional Special Non working day
Friday, December 26, 2014 Additional Special Non working day
Wednesday, December 31, 2014 Additional Special Non working day
Tuesday, February 25, 2014 Special Holiday (for all schools)

Salary Computation for Holidays

Regular Holidays

• If the employee did not work, he/she shall be paid 100 percent of his/her salary for that day. Computation: (Daily rate + Cost of Living Allowance) x 100%. The COLA is included in the computation of holiday pay.

• If the employee worked, he/she shall be paid 200 percent of his/her regular salary for that day for the first eight hours. Computation: (Daily rate + COLA) x 200%. The COLA is also included in computation of holiday pay.

• If the employee worked in excess of eight hours (overtime work), he/she shall be paid an additional 30 percent of his/her hourly rate on said day. Computation: Hourly rate of the basic daily wage x 200% x 130% x number of hours worked.

• If the employee worked during a regular holiday that also falls on his/her rest day, he/she shall be paid an additional 30 percent of his/her daily rate of 200 percent. Computation: (Daily rate + COLA) x 200%] + (30% [Daily rate x 200%)].

• If the employee worked in excess of eight hours (overtime work) during a regular holiday that also falls on his/her rest day, he/she shall be paid an additional 30 percent of his/her hourly rate on said day. Computation: (Hourly rate of the basic daily wage x 200% x 130% x 130% x number of hours worked);

Special (Non-working) Days

• If the employee did not work, the “no work, no pay” principle shall apply, unless there is a favorable company policy, practice, or collective bargaining agreement (CBA) granting payment on a special day.

• If the employee worked, he/she shall be paid an additional 30 percent of his/her daily rate on the first eight hours of work. Computation: [(Daily rate x 130%) + COLA).

• If the employee worked in excess of eight hours (overtime work), he/she shall be paid an additional 30 percent of his/her hourly rate on said day. Computation: (Hourly rate of the basic daily wage x 130% x 130% x number of hours worked).

• If the employee worked during a special day that also falls on his/her rest day, he/she shall be paid an additional fifty percent of his/her daily rate on the first eight hours of work. Computation: [(Daily rate x 150%) + COLA].

• If the employee worked in excess of eight hours (overtime work) during a special day that also falls on his/her rest day, he/she shall be paid an additional 30 percent of his/her hourly rate on said day. Computation: (Hourly rate of the basic daily wage x 150% x 130% x number of hours worked).

Special Holiday for all schools

For private establishments, 25 February 2014 is an ordinary workday and no premium is required to be paid for work on said day.

On the other hand, employees in private schools, whether academic or administrative personnel, shall be paid in accordance with the rules for pay on special (nonworking) days as stated in Labor Advisory No. 06, Series of 2013.

source: http://www.dole.gov.ph/news/view/2236

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