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Author Topic: Pay Computation for January 02 Holiday  (Read 361 times)

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Pay Computation for January 02 Holiday
« on: January 02, 2023, 09:43:28 AM »
READ: Under Labor Advisory No. 27, Series of 2022, the following rules for pay shall apply today, January 2, 2023
 
For employees who did not work – The “no work, no pay” principle shall apply, unless there is a company policy, practice, or collective bargaining agreement granting payment on a special day.
 
For employees who worked – (Basic wage x 130%)
 
For employees who rendered overtime work – Hourly rate of the basic wage x 130% x 130% x number of hours worked
 
For employees who worked on a rest day – (Basic wage x 150%)
 
For employees who worked overtime on a rest day – Hourly rate of the basic wage x 150% x 130% x number of hours worked

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John 3:16-18 ESV
For God so loved the world, that he gave his only Son (Jesus Christ), that whoever believes in him should not perish but have eternal life. For God did not send his Son into the world to condemn the world, but in order that the world might be saved through him. Whoever believes in him is not condemned, but whoever does not believe is condemned already, because he has not believed in the name of the only Son of God.

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