SALARIES AND WAGES

__________ refers to the remuneration or reward that an employee gets from his employer fo the services he or she gives the latter.

• Employee 13th month pay

• Overtime pay

• Employee compensation

• Employee mid-yeay

Tammy is paid on a per-piece basis at the rate of P1.20 per piece. If she finishes 360 pieces a week, how much is her total earnings?

• P120.00

• P300.00

• P420.00

• P432.00

________ refers to the excess payment over the regular rate.

• Overtime premium

• Incentives

• Regular compensation

Work performed beyond eight hours on holiday or rest day shall be paid an additional compensation equivalent to the rate of the first eight hours on holiday or rest day plus at least ________thereof.

• 50%

• 25%

• 30%

• 15%

An employee who are permitted to work on his scheduled rest day shall be paid an additional compensation of at least _____________his regular wage.

• 30%

• 25%

• 50%

• 35%

If the holiday work falls on the employee's scheduled rest day, how much additional compensation shall be entitled to the employee's regular wage?

• 30%

• 25%

• 200%

• 50%

Work on a regular holiday shall be paid_____ of a regular hourly rate.

• 100%

• 260%

• 150%

• 200%

Work on rest day which falls on a regular holiday shall be paid ____ of regular hourly rate.

• 260%

• 200%

• 150%

• 130%

Assuming that minimum daily wage rate is P565.00, how much is the rate per hour?

• P56.50

• P70.625

• P76.025

• P72.065

Assuming that minimum daily wage rate is P565.00, how much is the overtime rate per hour in a regular day?

• P70.63

• P105.94

• P91.81

• P88.28