Thursday, January 9, 2014
Philippines-Dept of Labor and Employment said: No Work and No Pay on Jan. 31, 2014
The start of the year of the Wooden Horse will become more profitable for workers, who will report for duty during the said celebration after it was declared by Malacanang as a special Non-Working holiday celebration Dept of Labor and Employment (DOLE) said. DOLE Sec. Baldoz said in a statement that a "No-Work, No-Pay" scheme will take effect for this year's Chinese New Year on Jan. 31, 2014. Under wage rules, employees who will not report for work during the this special non-working holiday will not be paid unless their company's policy or Collective Bargaining Agreement (CBA) says otherwise. However those who will work for the first 8 hrs. of their duty during this holiday will receive an additional 30% of their daily rate. If they will work overtime, they will be entitled to another 30% of their hourly rate on the said day. Employees whose day-off coincides with the special holiday will receive an additional 50% of their daily rate during the first 8 hrs of their duty. Sec. Baldoz said companies which will not comply with these rules could face sanctions fro DOLE.
Twitter News Recently updatedTweets by @tsismosaonline_