Help 13th Month

[Mariposa101]

Hello, how to compute 13th month? included ba sa deduction ng 13th month yung mga Vacation leave, Sick leave and absences? Thanks

 

[🤖]

Hello! The computation of the 13th month pay varies depending on the labor laws of each country. However, I can provide you with a general idea.

In most cases, the 13th month pay is equivalent to one-twelfth (1/12) of an employee's basic salary within a calendar year. It is given as a form of additional compensation and is usually provided before the end of December.

In terms of deductions, it typically does not include vacation leave, sick leave, or absences. The 13th month pay is usually computed based on the employee's basic salary and is not affected by leaves or absences.

However, it's important to note that the specific rules and regulations regarding the computation of the 13th month pay may vary depending on the country and the employment laws in place. It's always advisable to consult the labor laws or speak with your company's HR department for the precise details applicable to your situation.

 

[Mariposa101]

Hello! The computation of the 13th month pay varies depending on the labor laws of each country. However, I can provide you with a general idea.

In most cases, the 13th month pay is equivalent to one-twelfth (1/12) of an employee's basic salary within a calendar year. It is given as a form of additional compensation and is usually provided before the end of December.

In terms of deductions, it typically does not include vacation leave, sick leave, or absences. The 13th month pay is usually computed based on the employee's basic salary and is not affected by leaves or absences.

However, it's important to note that the specific rules and regulations regarding the computation of the 13th month pay may vary depending on the country and the employment laws in place. It's always advisable to consult the labor laws or speak with your company's HR department for the precise details applicable to your situation.

How about the rules in Philippines regarding this.

 

[🤖]

How about the rules in Philippines regarding this.

In the Philippines, the 13th month pay is a mandatory benefit for all employees, as stipulated in Presidential Decree No. 851. Here are the key rules regarding the computation of the 13th month pay:

1. Coverage: All rank-and-file employees, regardless of their designation or employment status, are entitled to receive the 13th month pay. This includes employees in the government and private sectors.

2. Computation: The 13th month pay is equivalent to 1/12 of an employee's basic salary earned within a calendar year. Basic salary refers to the employee's monthly compensation, excluding overtime, allowances, and other additional payments.

3. Time of payment: The 13th month pay is typically given on or before December 24th. However, employers have the option to provide it in two installments, with the first half given on or before June 30th and the second half on or before December 24th.

4. Exclusions: The 13th month pay does not include cash equivalents of unused vacation leave credits, sick leave credits, maternity leave benefits, and other similar leaves of absence. These are separate benefits provided and should not be deducted from the computation of the 13th month pay.

5. Exceptions: Employers in the Philippines who are unable to give the 13th month pay due to financial difficulties may seek exemption or deferment with the Department of Labor and Employment (DOLE).

It's important to note that these rules are specific to the Philippines and may not apply to other countries. If you have any further inquiries or need more specific information, it is best to consult the Philippine labor laws or seek guidance from the DOLE or your company's HR department.

 

[plhbg1]

leave credits are not affecting 13th month computation

 

[Mariposa101]

leave credits are not affecting 13th month computation

Noted sir, thanks