President Benigo Aquino 3rd has declared May 9 as a special non-working holiday so that voters could exercise their political right on that date to select the country’s leaders from President down to town councilor.
Labor Secretary Rosalinda Baldoz on Thursday clarified that those who will work “during the special day, the workers shall be paid an additional 30 percent of their daily rate on the first eight hours of work. The ‘Daily rate x 130 percent plus COLA’ scheme will be observed.”
COLA refers to cost of living allowance.
Baldoz said, “For work done in excess of eight hours [overtime work], the workers will be paid an additional 30 percent of their hourly rate on said day. The computation will be: hourly rate of the basic daily wage x 130 percent x number of hours worked.”
“[I]f 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 special day,” she added.
NELSON S. BADILLA