“COLA of P22.00 mandated in the Wage Order No. NCR-16 shall be included in the computation of regular holiday per DOLE Labor Advisory dated July 7, 2011.
Thus, the basic daily wage of P404.00 plus COLA of P22.00 shall be used as basis in computing for the regular holiday pay of covered employees. For example, X works for eight (8) hours on August 30, 2011, a regular holiday (Ramadan), his pay shall be as follows:
Basic Daily Wage: P404.00
Total Hours Worked: 8 hours
Regular Holiday Rate: 200% if worked
P426.00 x 200% = P852.00
However, in computing overtime, night shift differential pay, 13th month pay and retirement pay, the P404.00 shall be used and not the P426.00.”