APEC 2015 Advisories

The Philippines, after 2 decades, will again host APEC.  Unlike the 1st hosting, APEC 2015 will be held in Manila, thus, the road closures, class suspensions and holiday declaration.

To help you out, I compiled most, if not all APEC 2015 advisories- from holiday declaration, pay guidelines to road rerouting, for your reference.

For employers and HR practitioners, here’s the govt’ advisory on APEC 2015 holiday pay. The summary of which are as follows:

The following pay rules shall apply for private sector workers in NCR from 18 to 19 November 2015:

• If the employee did not work, the “no-work, no-pay” principle shall apply, unless there is a favorable company policy, practice, or collective bargaining agreement (CBA) granting payment on a special day;
• If the employee worked, he or she shall be paid an additional 30 percent of his or her daily rate on the first eight hours of work [(daily rate x 130 percent) + COLA];
• If the employee worked in excess of 8 hours (overtime work), he or she shall be paid an additional 30 percent of his or her hourly rate on said day (hourly rate of the basic daily wage x 130 percent x 130 percent x number of hours worked);
• If the employee worked during a special day that also falls on his or her rest day, he or she shall be paid an additional 50 percent of his or her daily rate on the first 8 hours of work [(daily rate x 150 percent) + COLA];
• If the employee worked in excess of 8 hours (overtime work) during a special day that also falls on his or her rest day, he or she shall be paid an additional 30 percent of his or her hourly rate on said day (hourly rate of the basic daily wage x 150 percent x 130 percent x number of hours worked).