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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]
Regular holiday pay Article 93 and 94 of the Philippine Labor Code states that a worker shall be paid his regular daily wage during regular holidays whether or not the employee goes to work. The employer can require an employee to work on any holiday, but the employee must be paid an amount double his regular wage. [10]
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]
The list below shows the dates for these tax-free holidays in 2022 (and beyond in some cases), what products are exempt from sales tax, their cost cap limits, links to state legislation and state ...
Our list of national holidays and observances in January 2023 goes beyond New Year's and MLK Day with fun festivities to celebrate, like National Spaghetti Day.
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.
Beyond Independence Day, learn all about July 2024 national holidays, special observances, and world events (like the Summer Olympics) to celebrate all month. Make Sure Your Calendars Note All of ...