Senate bill proposes mandatory 14th-month pay for employees

[wezz_zzew]

We are lucky enough to receive such kind of incentives regularly. The amount that we receive is based on our performance. There are times that an employee receives as much as x4 of his/her basic.

[CLAVEL3699]

Yung Tax shield sa 13th month hindi pa nga naaayos eh. Yan pa.

[falken]

Hindi na lang magpasalamat na may trabaho sila. Kung mabankrupt companies dahil sa 14th month or magbawas ng employees, ano pangkakain nila? Konting utak naman.

Di magrarally na naman sila at sisisihin na naman ang gobyerno.

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[[archie]]

Ang alam ko based on 52 week per year ang salary. Dun nakukuha ang daily rate ng employees. If we follow the 20 working days or 4 weeks, hindi na standard salary per month. Dapat hindi buo salary sa Feb. And other months na kulang sa 20 working days.

[chua_riwap]

eto proposal ni escalera.......


Sotto seeks 14th month pay for rank and file

Under Sotto’s proposal, the 14th month pay should be at least half of the total basic salary earned by the employee within the calendar year.

It shall include "all remunerations or earning paid by the employer for services rendered but does not include allowances and monetary benefits which are not considered or integrated as part of the regular or basic salary."

The bill says the 13th month pay shall be paid not later than June 14th, while the 14th month pay shall be paid not later than December 24th of every year.

Employers and employees, however, can agree on other arrangements for the schedule of those payments, the bill says. – Rappler.com

[[archie]]

"at least half of the total basic salary earned by the employee within the calendar year."

Kung 10k a month basic salary:

10k x 12 = 120k . Tapos half nun is 60k. Or Mali pagkakaintidi ko?

[robot.sonic]

Bobo talaga si sotto. Di man lang nag impact analysis sa mga sme. Karamihan dyan isang kahig isang tuka din e. Additional burden na naman to.

Yung bonus ay reward yan sa mga deserving employees. Pag maimplement yan, kahit mga petiks magkaka extra money na. Hay.

[marg]

f this is implemented, tataas ang preso ng bilihin.

The owners have to get the money somewhere.

[_Cathy_]

Samin 16 mos guaranteed

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[_Qwerty_]

sarap naman 16 months..

[papi smith]

Samin 16 mos guaranteed

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I think such companies simply divide their annual pay by how many months pay they want to guarantee

[_Qwerty_]

usually sa mga banks ganyan.. pare pareho mga local banks some 15.5 months guarantee.. some 16 months..

sa telco dati sabi yung Smart nagbigay nang 18 months..

I think such companies simply divide their annual pay by how many months pay they want to guarantee

[_Cathy_]

usually sa mga banks ganyan.. pare pareho mga local banks some 15.5 months guarantee.. some 16 months..

sa telco dati sabi yung Smart nagbigay nang 18 months..

Yup. PLDT matindi din mag bonus nung fresh grad ako, inggit kami haha

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[_Cathy_]

I think such companies simply divide their annual pay by how many months pay they want to guarantee

No, that time, mas mataaas kami sa industry standard.

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[papi smith]

No, that time, mas mataaas kami sa industry standard.

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Precisely why they can do this scheme

[CVT]

It all depends on your monthly base salary...

Or to put it in another way,- your total annual salary....