Overtime Pay

Overtime Pay


How to Compute Overtime Pay?

All employees required to work beyond the normal 8 hours are entitled to overtime. Overtime pay rates depend upon the day the work is performed, whether it is an ordinary working day, special day, regular holiday, or rest day.

Ordinary day Overtime

On an ordinary day, the overtime rate per hour is determined as follows:
Let’s say the employee hourly rate is P 57.00/hour, then the overtime rate is P 71.25
P 71.56 = (P 57.00 X 1.25%)

On Rest Day Overtime

Let’s say the employee hourly rate is P 57.00/hour to determine the overtime rate per hour:


Overtime rate/hour = (hourly rate on rest day and special holiday X 169%)
P 96.33 = (P 57.00 X 1.69%)

On Special Holiday Overtime

Let’s say the employee hourly rate is P 57.00/hour to determine the overtime rate per hour:


Overtime rate/hour= (hourly rate on rest day and special holiday X 169%)
P 96.33 = (P 57.00 X 1.69%)

On Special Holiday and at the same time rest day overtime

Let’s say the employee hourly rate is P 57.00/hour to determine the overtime rate per hour:


Overtime rate/hour = (hourly rate on rest day and special holiday X 195%)
P 111.15 = (P 57.00 X 1.95%)

On Regular Holiday Overtime

Let’s say the employee hourly rate is P 57.00/hour. To determine the overtime rate per hour:


Overtime rate/hour = (hourly rate on rest day and special holiday X 260%)
P 148.20 = (P 57.00 X 2.60%)

On Regular Holiday and at the same time Rest Day Overtime

Let’s say the employee hourly rate is P 57.00/hour to determine the overtime rate per hour:

Overtime rate/hour = (hourly rate on rest day and special holiday X 338%)
P 192.66 = (P 57.00 X 3.38%)

On Double Holiday Overtime

Let’s say the employee hourly rate is P 57.00/hour to determine the overtime rate per hour:


Overtime rate/hour = (hourly rate on rest day and special holiday X 390%)
P 222.30 = (P 57.00 X 3.90%)

On Double Holiday and at the same time Rest Day Overtime

Let’s say the employee hourly rate is P 57.00/hour to determine the overtime rate per hour:


Overtime rate/hour = (hourly rate on rest day and special holiday X 507%)
P 288.99 = (P 57.00 X 5.07%)


Please raise a ticket to Finance for any concerns or clarifications.


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