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  1. 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.

    • Overtime Pay

      Overtime pay – refers to an additional pay of 25% of a...

  2. How to Compute Overtime Pay. All employees required to work beyond the normal 8 hours are entitled to overtime. Overtime pay rates depend upon the the day the work is performed, whether it is ordinary working day, special day, regular holiday or rest day.

  3. Jan 15, 2024 · Your hourly rate computation should look like this: ₱800 ÷ 8 = ₱100. After getting the employee’s hourly pay, compute for hourly overtime rate with this overtime pay formula: Hourly rate x 125% = Overtime hourly rate. Let’s take the employee’s hourly rate of ₱100 and include it in your computation.

  4. 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 )

  5. Apr 5, 2024 · The first step on how to compute overtime pay Philippines is to set the hourly rate. As we established previously, the standard working hours in the Philippines are eight hours per day or 48 hours per week.

  6. Feb 21, 2024 · Calculating your overtime pay in the Philippines involves multiplying your hourly rate by specific percentages depending on the day you’ve worked extra hours.

  7. Feb 15, 2011 · The following are the applicable laws and guidelines on the computation of Overtime Pay in the Philippines. Who are covered by the OT pay? All employees in all establishments and undertakings whether for profit or not are entitled to overtime pay for work rendered beyond eight (8) hours.