2015 Holidays to Take Note Of

2015 Holidays to Take Note OfHere’s a complete list of declared public holidays in the Philippines for 2015. Use this as reference for planned employee vacations and business activities. Also take note of special holidays, regular holidays, and special non-working days.

January 1, 2015, Thursday – New Year’s Day (Regular holiday)
January 2, 2015, Friday – New Year Holiday (Special non-working day)
February 19, 2015, Thursday – Chinese New Year (Special non-working day)
February 25, 2015, Wednesday – EDSA Revolution anniversary (Special holiday)
April 2, 2015, Thursday – Maundy Thursday (Regular holiday)
April 3, 2015, Friday – Good Friday (Regular holiday)
April 4, 2015, Saturday – Black Saturday (Special non-working day)
April 9, 2015, Thursday – Araw ng Kagitingan (Regular holiday)
May 1, 2015, Friday – Labor Day (Regular holiday)
June 12, 2015, Friday – Independence Day (Regular holiday)
August 21, 2015, Friday – Ninoy Aquino Day (Special non-working day)
August 31, 2015, Monday – National Heroes Day (Regular holiday)
November 1, 2015, Sunday – All Saints Day (Special non-working day)
November 30, 2015, Monday – Bonifacio Day (Regular holiday)
December 24, 2015, Thursday – Christmas Eve (Special non-working day)
December 25, 2015, Friday – Christmas Day (Regular holiday)
December 30, 2015, Wednesday – Rizal Day (Regular holiday)
December 31, 2015, Thursday – New Year’s Eve (Special non-working day)

For employers, this handy overtime computation guide for Filipino companies should help you ensure that your employees are getting the right amount of wages.

Overtime pay sample computation for employees working at dayshift:
Base pay of Php 18,000 (factor rate of 258, composed of 246 total regular days plus 12 legal holidays)

Special days (Non-working days declared in observance of tradition usually: All Saints’ Day, Last Day of the Year, and Ninoy Aquino Day)
a. A special day (130% x basic pay)
e.g. Monthly rate: 18000 x 1.3 = Php 23400 Special day premium pay: (assuming there are 20 working days in a month): 23400/20 working days= Php 1170/day

b. A special day, which is also a scheduled rest day (150% x basic pay)
e.g. Monthly rate: 18000 x 1.5 = Php 27000 Special and rest day premium pay (assuming there are 20 working days in a month): 27000/20 working days= Php 1350/day

Regular holidays (These are non-working days which are usually observed nationwide i.e. Christmas Day, New Year’s Day, Holy Week, etc.)
a. A regular holiday (200% x basic pay)
e.g. Monthly rate: 18000 x 2 = Php 36000 Holiday pay (assuming there are 20 working days in a month): 36000/20 working days= Php 1800/day

b. A regular holiday, which is also a scheduled rest day (260% x basic pay)
e.g. Monthly rate: 18000 x 2.6 = Php 46800
Premium pay (assuming there are 20 working days in a month): 46800/20 working days= Php 2340/day

Overtime pay sample computation for employees working the nightshift:
Base pay of Php 18,000 (factor rate of 258, composed of 246 total regular days plus 12 legal holidays)

Special days (Non-working days declared in observance of tradition usually: All Saints’ Day, Last Day of the Year, and Ninoy Aquino Day)
a. A special day 110% x (130% x basic pay) e.g. Monthly rate: 18000 x 1.3 = Php 23400 Special day premium pay, night shift: (assuming there are 20 working days in a month): 1.1 x (23400/20)= Php 1287/day

b. A special day, which is also a scheduled rest day 110% x (150% x basic pay) e.g. Monthly rate: 18000 x 1.5 = Php 27000 Special and rest day premium pay (assuming there are 20 working days in a month): 1.1 x (27000/20)= Php 1485/day

Regular holidays (These are non-working days which are usually observed nationwide i.e. Christmas Day, New Year’s Day, Holy Week, etc.)
a. A regular holiday (200% x basic pay) e.g. Monthly rate: 18000 x 2 = Php 36000 Holiday pay (assuming there are 20 working days in a month): 1.1 x (36000/20) = Php 1980/day

b. A regular holiday, which is also a scheduled rest day (260% x basic pay) e.g. Monthly rate: 18000 x 2.6 = Php 46800 Premium pay (assuming there are 20 working days in a month): 1.1 x (46800/20) = Php 2574/day

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