How to calculate 13th Month Pay? December is coming, all Filipino workers are excited to receive their 13th month pay. It's a month of giving gifts, attending parties and food to prepare on Noche Buena. Thirteen Month pay is a monetary benefit given to every employees. Every workers working in a private companies have the right to receive the 13th month pay. If you started working in a company at the month of october, you are eligible to get a 13th month pay. When you will get 13th month pay? According to DOLE (Department of Labor and Employment), the 13th month pay should be given to the employees before December 25 each year. Some of the companies give it on first week of December while the others are given within Christmas Week. What is the difference between Christmas Bonus and 13th month pay? Christmas Bonus is Voluntary while 13th Month pay is mandatory as it is employers legal obligation given to its employees. Christmas Bonus is employers voluntary obligat...
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