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    Overtime Pay A. Definition of Overtime Pay

    Uploaded by

    Meghan Kaye Liwen
    The document discusses policies around various types of employee pay including: 1) Holiday pay which employees are entitled to if they work the day before a holiday but may not receive if they take unpaid leave before the holiday. 2) Holiday pay calculations for piecework employees which is based on average daily earnings from the previous week. 3) Overtime pay rates which vary depending on the day worked from 100% to 260% of the regular hourly rate. 4) Night shift pay which is a 10% differential added to the regular hourly wage for hours worked between 10pm-6am. Premiums are integrated first before calculating night shift pay.

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    Overtime Pay A. Definition of Overtime Pay

    Uploaded by

    Meghan Kaye Liwen
    24 views3 pages
    The document discusses policies around various types of employee pay including: 1) Holiday pay which employees are entitled to if they work the day before a holiday but may not receive if they take unpaid leave before the holiday. 2) Holiday pay calculations for piecework employees which is based on average daily earnings from the previous week. 3) Overtime pay rates which vary depending on the day worked from 100% to 260% of the regular hourly rate. 4) Night shift pay which is a 10% differential added to the regular hourly wage for hours worked between 10pm-6am. Premiums are integrated first before calculating night shift pay.

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    overtime

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    The document discusses policies around various types of employee pay including: 1) Holiday pay which employees are entitled to if they work the day before a holiday but may not receive if they take unpaid leave before the holiday. 2) Holiday pay calculations for piecework employees which is based on average daily earnings from the previous week. 3) Overtime pay rates which vary depending on the day worked from 100% to 260% of the regular hourly rate. 4) Night shift pay which is a 10% differential added to the regular hourly wage for hours worked between 10pm-6am. Premiums are integrated first before calculating night shift pay.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    24 views3 pages

    Overtime Pay A. Definition of Overtime Pay

    Uploaded by

    Meghan Kaye Liwen
    The document discusses policies around various types of employee pay including: 1) Holiday pay which employees are entitled to if they work the day before a holiday but may not receive if they take unpaid leave before the holiday. 2) Holiday pay calculations for piecework employees which is based on average daily earnings from the previous week. 3) Overtime pay rates which vary depending on the day worked from 100% to 260% of the regular hourly rate. 4) Night shift pay which is a 10% differential added to the regular hourly wage for hours worked between 10pm-6am. Premiums are integrated first before calculating night shift pay.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 3

    C.

    Absences
    a. All covered employees shall be entitled to holiday pay when they are on leave of
    absence with pay. Employees who are on leave of absence without pay on the day
    immediately preceding a regular holiday may not be paid the required holiday pay if
    they have not worked on such regular holiday.
    b. Where the day immediately preceding the holiday is a non-working day in
    the establishment of the scheduled rest day of the employee, he shall not be
    deemed to be on leave of absence on the day, in which case he shall be entitled to
    the holiday pay if he worked on the day immediately preceding the non-working day
    or rest day.

    D. Holiday Pay of Certain Employees


    a. Where the covered employee is paid on piece rate basis, his holiday pay shall not be
    less than his average daily earnings for the last seven (7) actual working days
    preceding the regular holiday. Provided, however, that in no case shall the holiday
    pay be less than the applicable statutory minimum wage rate.
    b. Seasonal workers may not be paid the required holiday pay during off-season
    when they are not at work.
    c. Workers who do not have regular working days, such as stevedores, shall be
    entitled to this benefit.

    OVERTIME PAY
    A. Definition of Overtime Pay
    Overtime pay refers to the additional compensation for work performed beyond
    eight (8) hours a day.
    B.Overtime Pay
    The minimum overtime pay rates very according to the
    day the overtime work is performed, as follows:
    R
    ate based on Overtime Worked Performed on
    Computation Regular Rate a. Regular
    day 100% + 25% 125% b. Rest day 130% X 130% 169% c. Special day
    130% X
    130% 169% d. Rest day which is also Special day
    150% X 130% 195% e. Regular Holiday 200% X
    130% 260% f. Regular Holiday which is also a
    rest day 260% x 130% 338%

    Illustration: Using P500 as basic daily rate and P62.50 as basic hourly rate
    Regular Rate/hr Day OT Rate/hr beyond 8
    Premium (Rate/hr x Rate/hr. within Premium hrs
    %) 8 hrs

    a. Regular day 62.50 - 62.50 15.63 78.13

    b. Rest day 62.50 18.75 81.25 24.38 105.63


    (30%)

    c. Special day 62.50 18.75 81.25 24.38 105.63


    (30%)

    d. Rest day and 62.50 31.25 93.75 28.13 121.88


    Special day
    (50%)

    e. Regular 62.50 62.50 125.00 37.50 162.50


    Holiday (100%)

    f. Regular 62.50 100.00 162.50 48.75 211.25


    Holiday and
    rest
    day (160%)

    NIGHT SHIFT PAY


    A. Minimum Night Shift Pay
    Every employee is entitled to a night shift differential or
    night shift pay of not less than ten percent (10%) of his regular
    wage for each hour of work performed between ten o’clock in
    the evening and six o’clock in the morning of the following day.
    If overtime work or work in excess of eight (8) hours falls
    within the aforesaid period, premiums for overtime work should
    first be integrated into the regular hourly rate of the employee
    before computing night shift pay.

    B.Computation of Night Shift Pay


    I. Where Night Shift (10PM to 6AM) Work is Regular Work
    a. On an ordinary day:
    Plus 10% of the basic hourly rate or a total of 110% of the basic hourly
    rate

    b. On a rest day, special day or regular holiday:


    Plus 10% of the regular hourly rate on a rest day,
    special day or regular holiday or a total of 110% of
    the regular hourly rate on a rest day, special day or
    regular holiday.
    Where Night Shift (10PM to

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