Question

1. if an employees hourly rate is ₱96, what is the overtime rate for work on a regular day?

Explanation:

Identify the standard overtime rate multiplier

In standard labor regulations (such as the Philippine Labor Code, indicated by the Peso sign ₱), the overtime pay rate for work performed on a regular workday is \(125\%\) (or \(1.25\) times) of the employee's regular hourly rate.

Define the given values

The regular hourly rate is given as:

$$ \text{Hourly Rate} = \text{₱}96 $$

Calculate the overtime hourly rate

Multiply the regular hourly rate by the overtime multiplier of \(1.25\):

$$ \text{Overtime Rate} = \text{₱}96 \times 1.25 $$

$$ \text{Overtime Rate} = \text{₱}120 $$

Answer:

₱120