gud day mga accountant, law or uban pa dha..
need ur opinion guyz.
I am currently working with a japanese company nga bag-0 pa nagstart. and there policy regarding overtime pay is 100%.
According to:
Official Website of the Department of Labor and Employment Article 87:
Overtime work. Work may be performed beyond eight (
hours a day provided that the employee is paid for the overtime work, an additional compensation equivalent to his regular wage plus at least twenty-five percent (25%) thereof. Work performed beyond eight hours on a holiday or rest day shall be paid an additional compensation equivalent to the rate of the first eight hours on a holiday or rest day plus at least thirty percent (30%) thereof.
so overtime pay should be 125% or 130%..
wla jud mo follow among company sa philippine labor code. ok raba ni?
I really need ur opinion guyz..
tnx..