January 23 Holiday : Chinese New Year 2012 (Philippines)

> The January 23 holiday was declared by Malacañang as a special non-working day in the entire county in celebration of the 2012 Chinese New Year, by virtue of Proclamation No. 295 series of 2011.

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“[O]n January 23, 2012, the Chinese nationals all over the world will celebrate Spring Festival, popularly known as the Chinese New Year, which is one of the most revered and festive events celebrated not only in China but also in the Philippines by both Chinese Filipinos and ordinary Filipinos as well; and the joint celebration is a manifestation of our solidarity with our Chinese Filipino brethren who have been part of our lives in many respects as a country and as a people,” the Proclamation stated.

Since the January 23 holiday is a special non-working day, the following pay rules may apply, based on the previous issuance of Labor and Employment Secretary Rosalinda Baldoz for last year’s October 31 and November 1 special nationwide holidays:

• If the said days are worked, an employee is entitled to 130 percent of his daily rate for the first eight hours, and to an additional 30 percent of his hourly rate on the said day for work performed in excess of eight hours.
• If unworked, he is not entitled to any payment, unless there is a favorable company policy, practice, or collective bargaining agreement (CBA) granting payment for special days even if not worked.
• Finally, if the day is worked, and it falls on the employee's rest day, the employee is entitled for the first eight hours to 150 percent of his regular daily rate, and for work performed in excess of eight hours, plus 30 percent of his or her hourly rate on the said day.

Please note that the aforementioned provisions will be changed once DOLE issues an updated set of applicable pay rules for the January 23, 2012 special holiday.

source: CoolBuster.net

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