Tuesday, June 21, 2016

13th Month Pay


Part 1 - NCR Minimum Wage, COLA, Normal Hours of Work, Rest Day, Meal Period

Part 2 - Holiday Pay, Conditions for Entitlement and How to compute Holiday Pay

Part 3 - Premium Pay, Overtime Pay and Night Shift Differential

Part 4 - Leave Benefits

Part 5 - Service Charges and When given

FAQS ON WAGE AND WAGE RELATED BENEFITS  PART 6 ... 


21. WHO ARE ENTITLED TO 13TH MONTH PAY?

        All rank and file employees are entitled to receive 13th month pay regardless of the nature of their employment and irrespective of the methods by which their wages are paid, provided they worked for at least one (1) month during a calendar year.

22. HOW MUCH IS THE REQUIRED 13TH MONTH PAY?

       The amount of 13th month pay shall at least be 1/12 of the total basic salary earned for the year which shall n include all earnings paid by his/her employer for services rendered but does not include allowances and other monetary benefits such as the cash equivalent of unused vacation and sick leave credits, overtime, premium, night shift differential, holiday pay and COLA.

23.  WHEN SHOULD THE 13TH MONTH PAY BE GIVEN?

        It should be given to the employees not later than December 24 of every year.

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