2023年2月5日 · At a Glance: Formula for 13th Month Pay Computation in the Philippines. Total basic salary earned during the year ÷ 12 Months = Your 13th-Month Pay

All employers are required to pay their rank and file employees thirteenth-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.

2024年11月29日 · Computation. These are the steps on how to compute for the 13 th month pay. The following are the assumptions: 1) The employee’s daily wage rate is Php1,000.00; 2) The workweek is 6 days a week; and. 3)There is one rest day per week. a. Complete basic salary earned in a year

2024年1月24日 · According to P.D. No. 185, all employers in the Philippines are required to pay their employees, regardless of the nature of their employment, a 13th month pay not later than December 24 of every year. The 13th month pay is the equivalent of one-twelfth (1/12) of an employee’s basic salary within a calendar year.

2023年10月3日 · Based on the table above, the employee's total basic salary for the year is ₱172,140. Using DOLE's computation formula, here's how to calculate the 13th-month pay: This is the proportionate or prorated 13th-month pay the employee should receive.

2018年10月22日 · Do you wander what is the formula for 13th month pay computation? Here’s the Department of Labor and Employment (DOLE) Labor Advisory entitled Payment of Thirteen Month Pay. Let us defined first what is 13 month pay and basic salary.

2023年10月9日 · For the formula, all you need is the basic salary, and then simply divide it by 12. Total basic salary per year / 12 = 13th month pay. For example, if an employee earns Php14,000 per month and doesn’t have unpaid days off, it would be: Php168,000 / 12 = Php14,000.

2024年11月15日 · You now have everything you need to easily compute your 13th Month Pay in the Philippines without the stress of complex formulas or confusing calculations. By following just a few simple steps and using the right details, you can quickly figure out how much you’re getting, so there’s no need to second-guess or feel uncertain.