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    Matrix For Overtime and Premium Pay

    Uploaded by

    Kyle Dionisio
    The document outlines overtime pay rates for non-agriculture and retail/service sectors. For overtime worked on regular working days, the minimum overtime pay is 125% of the hourly rate. For overtime worked on rest days or special days, the minimum overtime pay is 130% of the hourly rate. The document also provides rates for work performed on holidays, Sundays, rest days, and special holidays.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Matrix For Overtime and Premium Pay

    Uploaded by

    Kyle Dionisio
    207 views2 pages
    The document outlines overtime pay rates for non-agriculture and retail/service sectors. For overtime worked on regular working days, the minimum overtime pay is 125% of the hourly rate. For overtime worked on rest days or special days, the minimum overtime pay is 130% of the hourly rate. The document also provides rates for work performed on holidays, Sundays, rest days, and special holidays.

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    Matrix for Overtime and Premium Pay

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    The document outlines overtime pay rates for non-agriculture and retail/service sectors. For overtime worked on regular working days, the minimum overtime pay is 125% of the hourly rate. For overtime worked on rest days or special days, the minimum overtime pay is 130% of the hourly rate. The document also provides rates for work performed on holidays, Sundays, rest days, and special holidays.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    207 views2 pages

    Matrix For Overtime and Premium Pay

    Uploaded by

    Kyle Dionisio
    The document outlines overtime pay rates for non-agriculture and retail/service sectors. For overtime worked on regular working days, the minimum overtime pay is 125% of the hourly rate. For overtime worked on rest days or special days, the minimum overtime pay is 130% of the hourly rate. The document also provides rates for work performed on holidays, Sundays, rest days, and special holidays.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
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    Dionisio, Kyle Adam T.

    Labor Standards 2B
    The COLA shall not be included in the computation of overtime pay. The minimum
    overtime pay rates vary according to the day the overtime work is performed, as follows:

    For work in excess of eight (8) hours performed on ordinary working days: Plus 25% of the hourly
    rate.

    Sector/Industry Rate Amount


    P 537/8 x 125% = P67.125 x 125% x
    Non-agriculture P 537.00
    number of hours OT work
    500/8 x 125% = P62.50 x125% x number
    Retail/Service Establishment P 500.00
    of hours OT work

    For work in excess of eight (8) hours performed on a scheduled rest day or a special day: Plus 30%
    of the hourly rate on said days.

    Sector/Industry Rate Amount


    P 537/8 x 130% x 130% = P67.125 x
    Non-agriculture P 537.00
    130% x number of hours OT work
    500/8 x 130% x 130% = P62.50 x 130% x
    Retail/Service Establishment P 500.00
    number of hours OT work

    Summary of Overtime Pay Rates:

    Overtime Pay Rates


    Additional compensation of 25% of the regular wage
    During a regular working day
    Rate of the first 8 hours worked on
    plus at least 30% of the regular wage (RW):
    If done on a special holiday or rest day:
    30% of 130% of RW
    During a holiday and/or rest day
    If done on a special holiday and rest day:
    30% of 150% of RW
    If done on a regular holiday:
    30% of 200% of RW

    Rates of Compensation for Rest days, Sundays, or Holiday Work:

    Instances Rates of Additional Compensation


    + 30% premium pay of 100% RW (IRR, Book
    Work on a scheduled rest day
    III, Rule III, Sec. 7)
    Work performed on Sundays and Holidays by
    + 30% premium pay of 100% RW (IRR, Book
    an employee who has no regular workdays and
    III, Rule III, Sec. 7)
    rest days
    Work on a Sunday + 30% premium pay of 100% RW (IRR, Book
    (If employee’s scheduled rest day) III, Rule III, Sec. 7)
    Work performed on any Special Holiday 1st 8 hours: + 30% premium pay of 100% RW
    Dionisio, Kyle Adam T.
    Labor Standards 2B
    Excess of 8 hours: + 30% of hourly rate on said
    date (M.C. No. 10, Series of 2004).
    1st 8 hours: + 50% premium pay of 100% RW
    Work performed on a Special Holiday and
    Excess of 8 hours: + 30% of hourly rate on said
    same day is the scheduled rest day
    date (M.C. No. 10, Series of 2004).
    Employee is only entitled to his basic rate. No
    premium pay is required.
    Work performed on a Special Working Holiday
    Reason: Work performed is considered work on
    ordinary working days

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