Holiday pay refers to the payment of the regular daily wage for any unworked regular holiday.
Every employee covered by the Holiday Pay Rule is entitled to the minimum wage rate.
An employee is entitled to at least 100% of his/her minimum wage rate even if he/she did not report for work, provided he/she is present or is on leave of absence with pay on the work day immediately preceding the holiday.

Every employer shall pay his employees their regular daily wage for any worked regular holidays.
The rule on holiday pay shall apply to all employees, except (1) government employees, (2) those employed in retail or service establishments with less than 10 employees, (3) kasambahays and other persons in the personal service of another; (4) managerial employees, (5) officers or members of the managerial staff, (6) field personnel and other employees whose time and performance are unsupervised by the employer.

Under the law, all employers are required to pay all their rank-and-file employees, their 13th month pay not later than December 24 of every year.

Domestic worker or “Kasambahay” refers to any person engaged in domestic work within an employment relationship.

An employer may give the employees one-half (1/2) of the thirteenth-month pay, before the opening of the regular school year and the remaining half on or before December 24 of every year.

Thirteenth month pay is a form of monetary benefit equivalent to the monthly basic compensation received by an employee, computed pro-rata according to the number of months within a year that an employee has rendered service to the employer.

All service charges actually collected by covered establishments shall be distributed completely and equally, based on actual hours or days of work or service rendered, among the covered employees, including those already receiving the benefit of sharing in the service charges.

Bonus is an extra amount of money given as a reward to employees by reason of satisfactory work performance. It may be in a form of mid-year bonus, performance-based bonus, or Christmas bonus. Bonuses are a great tool to boost the work attitude of employees for them to improve their work performance making them more competent.

Holiday Pay refers to the payment of the regular daily wage for any unworked regular daily holiday. Every employee shall be paid his regular daily wage during regular holidays.

The provision on holiday pay is mandatory, regardless of whether an employee is paid on a monthly or daily basis.