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The Labor Code of the Philippines specifies two types of holidays: the "regular holiday" and the "special non-working day". [8] There is a difference in the pay that employers are required to pay between the two type of holidays. There is also a difference in what is closed and in how the days are declared.
Those who would have report to work if not for the holiday but did not render work are paid their regular rate. Employees required to work due to their nature of their work are paid extra of their daily rate and cost of living daily allowance depending if the holiday is a regular (200%) or a special non-working holiday (130%). [1]
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Administrative Code of 1987 of President Corazon Aquino designated the day as a regular holiday. [10] The date of the holiday was revised again in 2007, this time to the last Monday of August, via Republic Act No. 9492 which was signed into law by President Gloria Macapagal Arroyo. [8] [11]
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The following table is a list of countries by number of public holidays excluding non-regular special holidays. Nepal and India have the highest number of public holidays in the world with 35 annually. Also, Nepal has 6 day working schedule in a week.
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They vary by country and may vary by year. With 36 days a year, Nepal is the country with the highest number of public holidays but it observes six working days a week. India ranks second with 21 national holidays, followed by Colombia and the Philippines at 18 each. Likewise, Japan, China and Hong Kong enjoy 17 public breaks a year. [6]