Anything You Would Like To Know About Your 13th Month Pay
A photo grabbed from google.com This post was sourced from the website of the Official Gazette of the Philippines. It is the Q and A of the most awaited pay of every employee, the 13th Month Pay. Q: What is 13th month pay? A: 13th month pay is a form of monetary benefit equivalent to the monthly basic compensation received by an employee, computed pro-rata according to the number of months within a year that the employee has rendered service to the employer. Q: Who are required to pay the 13th month pay? A: All establishments regardless of the number of employees are required to pay their rank-and-file employees the 13th month pay. A grabbed photo from google.com Q: Who are entitled to receive the 13th month pay? A: All rank-and-file employees regardless of the nature of their employment, and irrespective of the methods by which they are paid, provided they worked for at least one month during a calendar year. Q: How is 13th month pay compute