Depending on your company's policy, your 13th month pay can be credited as early as last November but not as late as Dec 23.
I used to have my 13th month pay on the 5th of December with my previous company. The current company I'm in will be releasing it this 13th of December. I think it's a way to lighten the mood. Lol!
Agent 1: Kelan ang 13th month pay natin?
Agent2: Sa December 13 pa. Kaya nga 13th month eh!
FYI:
- 13th month pay is non-taxable if it doesn't exceed Php30,000.
- 13th month pay is based on your monthly basic salary and is pro-rated. What do I mean by pro-rated? It means that if you just started working for the company you're 13th month pay is computed as:
Basic Salary / 12 X number of months of stay
We also received another good news from our management as well. Our Tech Premium fee was increased by almost 300% and it has started December 1. Now, that's what we call as GOOD NEWS!
Closing Spiel: Again, this is Yallit and thank you for visiting. Have a Nice Day!
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