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  1. Apr 14, 2024 · Overtime pay – refers to an additional pay of 25% of a covered employee’s hourly rate for work performed during overtime. ( P.D. 442, Labor Code, Article 94; Omnibus Rules Implementing the Labor Code or “Omnibus Rules”, Section 3, Rule IV, Book Three)

    • Computation

      If covered employees perform overtime work, they are...

  2. 2023 Handbook on Workers Statutory Monetary Benefits by DOLE-BWC. The Bureau of Working Conditions of the Department of Labor and Employment (DOLE-BWC) has issued its annual handbook to guide employers and employees on the worker’s statutory monetary benefits.

  3. Apr 14, 2024 · If covered employees perform overtime work, they are entitled to overtime pay of at least 25% their regular hourly rate. 1. Computation. These are the steps on how to compute for overtime pay. The following are the assumptions: 1) The covered employee’s hourly rate is Php100.00. 2) The covered employee regularly works for 8 hours.

  4. Jan 15, 2024 · The Labor Code of the Philippines sets a worker’s OT pay rate at 25% of their hourly rate on regular working days. But this rate can change if a company or a collective bargaining agreement (a legal contract between a business and a worker’s union) sets more generous pay rates.

  5. Apr 12, 2024 · To calculate the overtime if you are paid daily, the company has to divide your daily wage by eight hours. For example, if your daily age is ₱800, the calculation for your hourly rate is: ₱800 / 8 = ₱100. Your hourly wage is ₱100. Your overtime pay is 25% higher, so the calculation is ₱100 x 25% = ₱25.

  6. Feb 21, 2024 · Overtime pay in the Philippines is at least 25% above the regular wage, increasing to 30% for holidays. Night shift workers are entitled to an additional 10% increase in hourly pay. Exemptions from eligibility include managerial staff, government employees, and certain field personnel.

  7. Feb 7, 2024 · Based on the Labor Code of the Philippines, overtime work is paid an additional compensation of at least twenty-five percent (25%) plus the regular hourly rate for work performed beyond eight hours a day.