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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. 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)

  4. Jan 15, 2024 · If your company pays employees for working overtime, you need to calculate how much they’ll receive. Here’s how to compute a worker’s overtime pay. Regular Work Days. First, calculate the employee’s hourly pay or the amount they receive for every hour worked. You can compute the worker’s hourly pay by using this formula:

  5. Feb 15, 2011 · The Department of Labor and Employment (DOLE) has set out the following rules in computing overtime pay, pay for work done on holidays, premium on nightshift and 13 th month pay: Computing Overtime: On Ordinary Days

  6. Feb 7, 2023 · For employers in the Philippines, understanding how to compute overtime pay for their employees can be complicated. This guide provides a detailed explanation of Philippine labor laws and what organizations and employers should take into consideration when computing overtime pay.

  7. Apr 5, 2024 · 1. Regular day overtime. Employees get this compensation when they work overtime on ordinary work days. 2. Rest day overtime. This is the compensation for employees who work during their rest days. Usually, rest days are at least 24 hours after every six consecutive regular work days. 3. Special holiday overtime.