The basis for 13thmonth pay computation is the amount of the worker gross pay which includes all allowances and overtime if necessary multiplied the month he worked divided by 12 months/year. For Example Worker A works for just only 5 months in a year earning 7,000 per month,...
While a Christmas bonus is often given during the holiday season, it is separate from and should be distinct from the 13th month pay. Detailed Breakdown of the 13th Month Pay Cutoff Dates According to the Department of Labor and Employment (DOLE), employers must pay the 13th month pay by ...
Before diving in straight to the topic, let us first discuss what the 13th month pay is. The 13th month pay is a benefit in a monetary form that is given to an employee before the 24th of December of every year. Its computation solely depends on the number of months the employee has ...