Public Holidays in the Philippines for 2019
Building your vacation around the right time of the calendar year in the Philippines is essential, especially if you like travelling. And with the schedule of the public holiday 2019 in the Philippines, you now can plan your vacation by sticking to you proposed dates within the calendar.
Filipinos mark their holidays with style, and every celebration signifies something meaningful in their lives, whether it’s religious or national heritage. It’s no doubt that holidays are generally beneficial to the well-being of employees as it gives them time to unwind and relax, away from the typical work environment.
The Purpose of the Employer Knowing Employee Public Holiday
As you engage in business as entrepreneurs, knowing the public holiday 2019 in the Philippines is important because it gives you a chance to rearrange your staffing and business activities. In essence, you get ample time to pick specific holidays where you may have to work with your workers. It is to arrange for their wages and other holidays where you won’t have to incur financial costs. The organisations and businesses alike in the Philippines put great emphasis on each calendar year’s holiday.
It is to avoid any delays or disruptions that may come with the spontaneous announcement of special non-working holidays. Most certainly, organisations that rely on government agencies to offer that influence on completing their tasks would get concern on the public holidays. Subsequently, large transactions tend to be held up for a more extended period, especially in banking or financial institutions. And so, its prudence as an employer or entrepreneur to understand employee public holidays and make arrangement accordingly.
Dates of the Philippines Public Holiday 2019
|1 Jan||Tue||New Year’s Day|
|5 Feb||Tue||Chinese New Year|
|25 Feb||Mon||EDSA Revolution Anniversary|
|9 Apr||Tue||Day of Valor|
|18 Apr||Thu||Maundy Thursday|
|19 Apr||Fri||Good Friday|
|20 Apr||Sat||Black Saturday|
|1 May||Wed||Labor Day|
|5 Jun||Wed||Eidul Fitr|
|12 Jun||Wed||Independence Day|
|11 Aug||Sun||Eidul Adha|
|21 Aug||Wed||Ninoy Aquino Day|
|26 Aug||Mon||National Heroes Day|
|1 Nov||Fri||All Saints’ Day|
|2 Nov||Sat||All Saints’ Day Holiday|
|30 Nov||Sat||Bonifacio Day|
|8 Dec||Sun||Immaculate Conception|
|24 Dec||Tue||Christmas Holiday|
|25 Dec||Wed||Christmas Day|
|30 Dec||Mon||Rizal Day|
|31 Dec||Tue||Bonifacio Day|
Click here for more information from http://www.officialgazette.gov.ph original release which the Republic of the Philippines has published on 15 August 2018.
The Employee’s Benefits of Working on a Public Holiday
In the Philippines, the state recognises public holidays as either ordinary holidays or special (non-working) days. According to the Holiday Pay Rule, employees are entitled to get the ordinary holidays-off with regular remuneration if they do work. They get 200 percent of regular salary if they work on a public holiday. In the event they work on a holiday that falls on a weekend (Saturday), they are eligible to get 230 percent of ordinary pay. It follows that employees who do not work on particular days are only entitled to receive any compensation.
Nevertheless, employees working on a particular day are eligible to a 30 percent extra pay if the day is on a weekday and 50 percent extra pay if the special day falls on a weekend. Eight paid public holidays are entitled to all employees with other additional special government announcements which are unpaid days off and may change from year to year. The Labor Code under Article 93-94 governing the application and eligibility of employee benefits in the Philippines which employers must abide by failure to which might be legal issues. The Department of Labor regulates the formulation and implementation of the labour laws in the Philippines.
Doing Business in the Philippines
The continuous growth of the Philippines economy gives investors the reason to invest. As projections deemed to escalate shortly due to higher foreign direct investment coupled with high consumption levels, Philippines is a place to be as an investor. Among the sector you might think of are BPO, renewable energy, tourism, and agriculture. Moreover, because of the diverse culture with a dynamic workforce, the fourth-largest English-speaking nation in the World is an attraction to many investors worldwide.
You only need to blend in with the culture of the country and understand the values, hospitality, and dignity of the Filipinos. Business formation or incorporation may be demanding due to the regulatory requirement. But through 3E Accounting, you’re bound to have an array of business solution services at your convenient time. Highly professional staffs are always at your service whenever you seek their services.
Furthermore, if you’re a foreign investor wondering on engaging employees on specific public holidays, then you shouldn’t. The public holiday 2019 in the Philippines under the Holiday Pay Rule firmly stipulated which employees are eligible for compensation and what to reward. Any organisation or enterprise should operate within the law to allow a smooth transition period during the public holidays.
Remember-before you decide to set up a business in the Philippines, all your statutory documents must be in order.