Guide on Holiday Pay this April 10, 2024 in PH
HOLIDAY PAY FOR APRIL 10, 2024 – You might be wondering how much you will receive as holiday pay next Wednesday if you will report to duty.
Undeniably, a lot of Filipinos across the nation most especially students and employees await the holidays. Truth be told that, in the case of employees, aside from a holiday giving them the chance to participate in a celebration of a big event, it may also mean extended rest or vacation time or extra pay.
Every year, there are several holidays and special non-working days which are part of the Philippine calendar. A lot of people have possibly checked the list of the 2024 holidays in the Philippines at the start of the year.
While there are constant regular holidays and special non-working days in the country, there might be additionals on the existing list depending on the declarations to be made by the Office of the President.
Recently, Malacañang announced April 10, 2024, Wednesday, as a regular holiday for the Eid al-Fitr celebration of the Muslim community. It is one of the two (2) biggest events celebrated within Islam aside from the Eid al-Adha.
The Eid al-Fitr is a celebration of the Muslim community that marks the end of the month-long fasting for the Ramadan. The said celebration does not always fall on the same date every year depending on when the new moon is expected.
With respect to the Muslim celebration, the Office of the President announced April 10, 2024 as a regular holiday in the Philippines. Employees who will be reporting to duty are entitled for a holiday pay this April 10, 2024.
How much is the holiday pay this April 10, 2024 that employees on duty are entitled to receive? As per the labor rules, it is equivalent to 100% of the basic daily pay of the employee. In the case of overtime or when the holiday falls on a supposedly dayoff of the employees, there are other pay rules observed depending on the holiday pay rules in the Philippines.
In the case of individuals whose work is cancelled in the upcoming holiday, it means more time for rest or time with family. In the case of individuals who have to report to duty, it is a benefit for many to be receiving an extra pay that can be of big help amid the high inflation rate in the country.