How Do I Compute My Daily Rate?

Here’s how to compute the employee’s daily rate.

Daily Rate = (Monthly Rate X 12) / Total working days in a year.

Php 575.08 = (Php 15,000 X 12) / 313 if working Mondays to Saturdays

Php 689.66 = (Php 15,000 X 12) / 261 if working Mondays to Fridays

 

Note: Total working days in a year is 313 days if you’re working Mondays to Saturday

and 261 days if you’re working Mondays to Fridays