‘NO WORK, NO PAY’ POLICY WILL APPLY ON CHINESE NEW YEAR CELEBRATION –DOLE

MANILA — The “no work, no pay” policy will apply on Monday, Chinese New Year celebration which has been declared by Malacañang as a special non-working holiday, the Department of Labor and Employment (DOLE) said.

Labor and Employment Secretary Rosalinda Baldoz said that such principle will be implemented on the payment for private sector workers who will not work on that day, “unless there is a favorable company policy, practice, or collective bargaining agreement (CBA) granting payment on this special non-working day.”

With this, she urged employers in the private sector to follow the pay rules for the Feb. 8 holiday.

“As we join the Filipino-Chinese community in celebrating the Spring Festival, popularly known as Chinese New Year, we must also observe the proper pay rules on this day for our workers in the private sector,” Baldoz said.

For workers who report for work on Monday, he/she shall be paid an additional 30 percent of his/her daily rate on the first eight hours of work. Computation: [(Daily rate x 130%) + COLA).

If the employee works in excess of eight hours (overtime work), he/she shall be paid an additional 30 percent of his/her hourly rate on said day. Computation: (Hourly rate of the basic daily wage x 130% x 130% x number of hours worked).

The DOLE added that for employees working during a special day that also falls on his/her rest day, he/she shall be paid an additional 50 percent of his/her daily rate on the first eight hours of work. Computation: [(Daily rate x 150%) + COLA].

If the employee works in excess of eight hours (overtime work) during a special day that also falls on his/her rest day, he/she shall be paid an additional 30 percent of his/her hourly rate on said day. Computation: (Hourly rate of the basic daily wage x 150% x 130% x number of hours worked).

“Promoting workers’ welfare and protection by observing the proper pay rules and other core labor standards will encourage productive and efficient workers. Compliance is good for business. It is good for the workers. It is good for all,” the DOLE chief said. PNA / northboundasia.com