Fresh from enjoying four consecutive non-working days, Filipino workers can look forward to another legal holiday next week. The nation will be marking the annual Labor Day this coming May 1, Thursday.
It is one of the national holidays stipulated in President Benigno Aquino III’s Proclamation 655, which was signed September of last year. Now, some readers may be asking if it is possible for the holiday to be moved to May 2 (Friday) to create a three-day weekend.
This is not likely since the current administration in recent years had made it a point not to observe the so-called “holiday economics” policy implemented during the term of President Gloria Arroyo. In other words, just like in 2012 and 2013, Labor Day will definitely be observed on May 1.
As The Filipino Scribe noted last year, the business community, including the influential American Chamber of Commerce and Industry, had steadfastly called on the government to reduce the “excessive” number of national and local holidays in the country.
Since May 1 is a regular holiday, employees who report on this day are entitled to get “at least 100% of his/her minimum wage rate even if he/she did not report for work” during regular holidays. In other words, you should receive your salary in full for this day even if you just stayed at home.
Meanwhile, those who work during national holidays will get 200% of their regular rate for every hour of service rendered. In common parlance, this is referred to as “double pay.”
However, employees are required to be present or should on leave of absence with pay on the work day immediately preceding the holiday for them to get a holiday premium.
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