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Philippine Holidays for 2016

Holidays

2016 Philippine Holidays

Welcome to 2016!

Nineteen nationwide holidays have been declared for 2016, so far. 

The following were declared by virtue of Proclamation No. 1105, s. 2015, unless otherwise specified:

  • January 1, 2016, Friday – New Year’s Day (Regular holiday)
  • January 2, 2016, Saturday – Additional special non-working day
  • February 8, 2016, Monday – Chinese New Year (Special non-working day)
  • February 25, 2016, Thursday – EDSA People Power Revolution (Special non-working day by virtue of Proclamation No. 1071, s. 2015)
  • March 24, 2016 – Maundy Thursday (Regular holiday)
  • March 25, 2016 – Good Friday (Regular holiday)
  • March 26, 2016 – Black Saturday (Special non-working day)
  • April 9, 2016, Saturday – Araw ng Kagitingan (Regular holiday)
  • May 1, 2016, Sunday – Labor Day (Regular holiday)
  • June 12, 2016, Sunday – Independence Day (Regular holiday)
  • August 21, 2016, Sunday – Ninoy Aquino Day (Special non-working day)
  • August 29, 2016, Monday – National Heroes Day (Regular holiday)
  • October 31, 2016, Monday – Additional special non-working day
  • November 1, 2016, Tuesday – All Saints Day (Special non-working day)
  • November 30, 2016, Wednesday – Bonifacio Day (Regular holiday)
  • December 24, 2016, Saturday – Additional special non-working day
  • December 25, 2016, Sunday – Christmas Day (Regular holiday)
  • December 30, 2016, Friday – Rizal Day (Regular holiday)
  • December 31, 2016, Saturday – Additional special non-working day

Organized into Regular Holidays and Special Holidays:

Philippine Regular Holidays for 2016

  • January 1, 2016, Friday – New Year’s Day
  • March 24, 2016 – Maundy Thursday
  • March 25, 2016 – Good Friday
  • April 9, 2016, Saturday – Araw ng Kagitingan
  • May 1, 2016, Sunday – Labor Day
  • June 12, 2016, Sunday – Independence Day
  • August 29, 2016, Monday – National Heroes Day
  • November 30, 2016, Wednesday – Bonifacio Day
  • December 25, 2016, Sunday – Christmas Day
  • December 30, 2016, Friday – Rizal Day

Philippine Special Holidays for 2016

  • January 2, 2016, Saturday – Additional special non-working day
  • February 8, 2016, Monday – Chinese New Year
  • February 25, 2016, Thursday – EDSA People Power Revolution
  • March 26, 2016 – Black Saturday
  • August 21, 2016, Sunday – Ninoy Aquino Day
  • October 31, 2016, Monday – Additional special non-working day
  • November 1, 2016, Tuesday – All Saints Day
  • December 24, 2016, Saturday – Additional special non-working day
  • December 31, 2016, Saturday – Additional special non-working day

Holidays with tentative dates

  • July 7, 2016, Thursday – Eid-al-Fitr (End of Ramadan)
  • September 13, 2016, Tuesday – Eid-al-Adha

 

How do you compute for Basic Pay?

Payroll Calculation, , , ,

Calculating for Basic Pay

In the Paycheck HRIS and Payroll System, Basic Pay is calculated in 2 ways, depending the type of salary the employee has:

Daily-Rate Employees

The Basic Pay (which is the OR Pay in the Paysheet Form – OR Pay also stands for Ordinary Pay) is the Hourly Rate of the employee multiplied by the # of Regular Hours worked (or OR Hrs in the system):

OR Pay = OR Hrs x Hourly Rate

To get the Hourly Rate of the Employee, divide the Daily Rate by the # of working hours per day. The # of working hours per day is set in the Calculation Tab of the Branch Payroll Configuration Form:

Calculation Tab - Payroll Configuration Form

Monthly-Rate Employees

For Monthly-Rate employees, the Basic Pay is the monthly rate divided by the # of pay periods per month, minus deductions for absences, tardiness and undertime. For absences with corresponding approved leave with pay, the Leave Pay will offset the deduction for the absence.

To compute for the deduction for absences, tardiness and undertime, multiply the hourly rate of the employee against the # of hours for absences, late and undertime.

There are two ways to get the hourly rate of a monthly-rate employee:

  • Monthly Rate x 12 / # Working Days per Year / # Working Hours per Day
  • Monthly Rate / # Working Days per Month / # Working Hours per Day

This depends on the Pro-Rate Calculation Setup which is set in the Calculation Tab of the Branch Payroll Configuration Form:

Pro-rate Calculation Factors

What about work done on Holidays?

For work rendered on Holidays, there is an option if you want the first 100% of the employee’s pay to show under the Basic Pay column.

On the Payroll Type setup, there is an option to split the Basic Pay:

Payroll Type Setup: Split Basic Hours Option

If this is enabled, that means the first 100% of an employee’s pay for Holiday work will appear under the Basic Pay column, while only the additional premium pay will appear under the Holiday Pay columns.

If this is not enabled, the entire pay for the work rendered on Holidays will appear under the Holiday Pay columns.