Employee A Employee B

Monthly Salary 15000 50000

Annual Salary 180000 600000
Daily Salary 575.08 1916.93

As per 2016 Handbook on Statutory Monetary Benefits, the Total Number of Woking Days per Year of
daily paid employees who do not work and are not considered paid on Sundays and on rest days, is
equal to 313 days.

Where 313 days = 298 days - Ordinary working days

12 days - Regular holidays
3 days - Special days
313 days - Total equivalent no. of days in a year

Daily Salary is computed by using the formula:

Daily Salary = (Monthly Rate x (Number of months in a year which is 12)) / Total working days in a year

Thus, For Employee A whose monthly salary is P15000, the Daily Salary can be computed by:
Daily Salary = (15000x12)/313) = 575.08

As to Employee B who earns P50000 per month, the Daily Salary can be computed by:
Daily Salary – (50000x12)/313) = 1916.93