How Compute Overtime Pay on Employee's Rest Day !

Dan Boyce Samillano, CPA Dan Boyce Samillano, CPA

Dan Boyce Samillano, CPA

Full Stack Developer / Payroll Consultant

发布日期: 2021年9月8日
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Assumed Employee Daily Basic Rate is 600 pesos and rendered Overtime for 3 hours on a Rest Day.

Computation will be :

Premium Pay - Rest Day ( 1st 8 hrs ) 780.00

Overtime Pay - Rest Day 380.25

Total Daily Pay 1,160.25

** Overtime Computation is 600 / 8 * 3 * 169% = 380.25 pesos

** The 169% is the Minimum Requirement of Labor Law for Overtime Rate on Rest Day.

** Rest Day worked 1st 8 hours is 130% of the Basic Daily Rate.


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