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On top of these pay rules, an employee shall be given an additional 30% if the holiday falls on their rest day, and an additional 30% if they work overtime. On a regular holiday, if the employee did not work, they are entitled 100% of their daily wage. However, a special non-working day usually follows a 'No Work, No Pay' principle.
The Labor Code sets the rules for hiring and firing of private employees; the conditions of work including maximum work hours and overtime; employee benefits such as holiday pay, thirteenth-month pay and retirement pay; and the guidelines in the organization and membership in labor unions as well as in collective bargaining. The prevailing ...
The 426 combined rate is locally referred to in the Philippines as "Manila Rate" due to this regional disparity. [25] The Senate of the Philippines approved the P100 daily wage hike Senate Bill No. 2534 on the third and final reading on February 19, 2024. [27]
January 1 – Transition period for the Public Utility Vehicle Modernization Program begins. Non-consolidated PUVs, whose operation has been extended for a month, will be prohibited from operating in the country after January 31. However, on January 24, President Marcos extends the deadline for consolidation until April 30.
Ninoy Aquino Day is a national non-working holiday in the Philippines observed annually on August 21 commemorating the assassination of former Senator Benigno "Ninoy" Aquino, Jr., the husband of Corazon Aquino, who later became the eleventh Philippine President. His assassination led to the downfall of the tenth president, dictator, and ...
The 2024 Liberal Democratic Party presidential election will be held in September 2024 to elect the next president of the Liberal Democratic Party of Japan for a 3-year term. The winner of the election will effectively become the next Prime Minister of Japan due to the LDP's majority in the National Diet and will lead the party in the next ...
In the Philippines, Labor Day is a public holiday commemorated nationwide on 1 May. Initially observed in 1903 through a protest by the Union Obrera Democratica Filipina in Manila during the American colonial era, [22] it was officially recognised as a holiday in 1908, with the first official commemoration taking place in 1913. [23]
She would sign into law Republic Act 9492 the Holiday Economics Law on July 24, 2007 [3] which allows the observance of otherwise fixed public holidays except for New Year's Day on January 1, All Saint's Day on November 1, Christmas Day on December 25, and the last day of the year, December 31 to the nearest Monday.