Daily Rate Calculator Philippines
Based on DOLE Standard Factor Formulas
313 Days (Mon-Sat / Rest day Sunday)
261 Days (Mon-Fri / Rest day Sat & Sun)
365 Days (Works every day / No rest day)
394.4 Days (Includes Rest Days & Holidays)
*313 and 261 are the most common factors in the Philippines.
Daily Rate (Estimated):
₱0.00
Hourly Rate:
₱0.00
Minute Rate:
₱0.00
Annual Salary:
₱0.00
How to Calculate Your Daily Rate in the Philippines
In the Philippines, calculating your daily rate is not as simple as dividing your monthly salary by 30. The Department of Labor and Employment (DOLE) uses specific "Factors" to determine the equivalent daily wage of monthly-paid employees. This calculation is crucial for determining overtime pay, holiday pay, and deductions for absences.
The DOLE Standard Formula
To find your daily rate, you must first annualize your salary and then divide it by the applicable factor. The formula is:
Daily Rate = (Monthly Basic Salary × 12 Months) / Applicable Factor
Understanding the Factors
The "Factor" represents the number of days you are considered "paid" in a year. Here is which one you should use:
- 261 Days: For employees who do not work and are not paid on Saturdays and Sundays.
- 313 Days: For employees who do not work and are not paid on Sundays (working Monday to Saturday).
- 365 Days: For employees who are considered paid every day of the year, including rest days and holidays.
- 394.4 Days: This factor accounts for 365 days plus the premium pay for working on special days and regular holidays.
Example Calculation
Suppose you earn ₱30,000 per month and you work from Monday to Friday (Factor 261).
- Annualize Salary: ₱30,000 × 12 = ₱360,000
- Divide by Factor: ₱360,000 / 261 = ₱1,379.31
Your daily rate is ₱1,379.31. To get your hourly rate, divide this by 8 (standard working hours), which equals ₱172.41 per hour.
Why is this important?
Knowing your daily rate helps you verify if you are being paid correctly for:
- Overtime Pay: Usually 125% of your hourly rate.
- Night Differential: An additional 10% for work between 10 PM and 6 AM.
- Holiday Pay: 200% for regular holidays or 130% for special non-working days.