How does the law define “daily-paid employees”?
Section 6, Chapter I defines daily-paid employees as those compensated only for actual days worked and unworked regular holidays.
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What is the formula for calculating the Estimated Equivalent Monthly Rate for monthly-paid employees?
Section 6, Chapter I uses a 365-day multiplier to calculate the Estimated Equivalent Monthly Rate for monthly-paid employees.
How is the Equivalent Monthly Rate computed for daily-paid employees required to work every day?
Section 6, Chapter I applies a 395-day factor for daily-paid employees working every day including rest days and holidays.
What formula applies to daily-paid employees who do not work on Sundays?
Section 6, Chapter I suggests a 313-day multiplier for daily-paid employees who do not work or get paid Sundays.
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How are “monthly-paid employees” defined under wage implementation rules?
Section 6, Chapter I defines monthly-paid employees as those paid for every day, using a 365-day computing factor.
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