Question: Study the file attached regarding the computation of Estimated Equivalent Monthly Rate (EEMR) for daily paid employees and accomplish the following: Compute for the Estimated

Study the file attached regarding the computation of Estimated Equivalent Monthly Rate (EEMR) for daily paid employees and accomplish the following:

Study the file attached regarding the computation

Compute for the Estimated Equivalent monthly rate (EEMR) of employees entitled to minimum wage identified in each item. Show a detailed computation.

1. For those who are required to work every day, including Sundays or rest days, special days, and regular holidays where the minimum wage is P320 daily.

2. For those who do not work and are not considered paid on Sundays or rest days where the minimum wage is P380 daily.

3. For those who do not work and are not considered paid on Saturdays and Sundays or rest daysP450 daily.

4. Write a one-paragraph reaction on the minimum wage set by each Regional Tripartite Wage Productivity Board (RTWPB) in the Philippines.

Page of 2 ZOOM + For daily-paid employees: The following factors and formula may be used in computing the EEMR of different groups of daily-paid employees for purposes of entitlement to minimum wages and allied benefits under existing laws: Where 365 days/year - 297 ordinary working days 52 rest days 12 regular holidays 4 special days! 365 Total equivalent no. of days/year 1. For those who are required to work everyday, including Sundays or rest days, special days and regular holidays Applicable Daily Rate (ADR) X 393.8 - EEMR 12 months Where 393.50 days/year = 297 ordinary working days 24 regular holidays x 200% 67.60 52 rest days X 130% 5.20 4 special days. x 130% 393.80 Total equivalent no. days/year Where minimum wage is P300.00 daily; The Estimated equivalent Monthly rate is P9,845.00 2. For those who do not work and are not considered paid on Sundays or rest days Applicable Daily Rate (ADR) X 313 - EEMR 12 months Where 313 days/year 297 ordinary working days 12 regular holidays special days (if considered paid: if actually worked, this is equivalent to 5.2 days) 313 Total equivalent no. of days/year Where minimum wage is P300.00 daily

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!