Panay News

DOLE issues pay rules for Chinese New Year holiday

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THE Department of Labor and Employment ( DOLE) reminded employers and employees t hat t he “no work, no pay” policy will be implemente­d during the Chinese New Year holidays on Feb. 9 and 10, which have been both declared as special non-working days.

In Labor Advisory 01, series of 2024, the department advised employers to pay their employees the correct remunerati­on on those days.

“On a special (non-working) day, ‘ no work, no pay’ will be implemente­d unless the company has a policy or collective bargaining agreement that gives salary for that day,” it said in a statement posted on social media on Saturday, Jan. 27.

The department explained that an employee who works on a special ( non- working) day will be paid an additional 30 percent of his/ her daily wage for the first eight hours of his work (basic wage x 130 percent).

An employee who works overtime will receive an additional 30 percent of his/ her hourly income on that day (hourly rate of the basic wage x 130 percent x 130 percent x number of hours worked).

For work done during the special day that also falls on the employee’s rest day, the employer shall pay the employee an additional 50 percent of the basic wage on the first eight hours of work (basic wage x 150 percent).

For those who will work more than eight hours during the special day that also falls on the employee’s rest day, the employer shall pay the employee an additional 30 percent of the hourly rate on the day ( hourly rate of the basic wagex150p er centx 130 percent x number of hours worked).

Malacañang issued Proclamati­on 368, series of 2023, declaring Feb. 10 (Chinese New Year) as an additional special ( non- working) day and Proclamati­on 453, series of 2024, declaring Feb. 9 as an additional special ( nonworking) day.

Chinese New Year i s the festival celebratin­g the beginning of a new year on the traditiona­l lunisolar Chinese calendar.

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