13th month pay (mandatory)
how computed
basic pay *(# of months of service in the company)
12 months
e.g.
[P13,000 * 5 months]/12 months = P5416.67
note however that there are company policies affecting the computation especially on propotion of a month only
holiday pay
(computed based on hourly basic wage)
regular/legal holiday (200%) if worked
100% if unworked
260% if worked with overtime
special holiday (130%) if worked
additional 30% for OT
note: if you were absent day before the holiday and on the holiday, you will not be entitled to holiday pay