Here Are Some Tips on How To Compute Your 13th Month Pay

13th Month Pay

Useful Tips on How To Compute Your 13th Month Pay Here are some simple yet useful tips on how to compute your 13th month pay for the upcoming Christmas season. The Christmas season is considered as the most-anticipated time of the year especially for workers and employees who were expecting for their bonuses and 13th … Read more

DTI Offers P4 Billion Loans To MSEs For 13th Month Pay

DTI Offers P4 Billion Loans To MSEs For Employees’ 13th Month Pay DTI OFFERS P4 BILLION LOANS – The Department of Trade and Industry said they would provide P4 billion worth of loans for 13th month pay. Recently, there were some issues regarding the much-awaited 13th-month pay. Labor Secretary Silvestre Bello III previously announced small … Read more

Employers Cannot Defer the Release of 13th Month Pay- Spox Roque

Spox Roque Says Release of 13th Month Pay Can’t Be Deferred Presidential Spox Harry Roque said Monday, employers cannot defer the release of 13th month pay to employees under the law. The presidential spokesperson Harry Roque issued the statement of Labor Secretary Silvestre Bello III after he proposed to allow companies and private businesses to … Read more

Companies Exempted From 13th Month Pay – Labor Sec. Gives Category

Bello Says Companies “In Distress” May Be Exempted From 13th Month Pay 13TH MONTH PAY – To compensate for the effects of COVID-19, companies in distress may be exempted from giving a 13th month pay. Labor Secretary Silvestre Bello III said that micro, small, and medium enterprises (MSMEs) struggling amid the pandemic may not be … Read more

Firms Praised For Advancing Salaries, 13th Month Pay Amid Quarantine

13TH MONTH PAY

Firms Praised For Advancing Salaries, 13th Month Pay Amid Quarantine 13TH MONTH PAY – Certain companies were praised for advancing salaries and 13th month pay amid the enhanced community quarantine. According to GMA News, in one instance, the employees of fast-food giant Jollibee Foods Corporation (JFC) lauded the company for disbursing at around ₱1 billion … Read more

Business Permit May Be Revoked if Companies Failed to Provide 13th Month Pay

Companies Who Fail to Provide 13th Month Pay May Loses their Business Permit House of Representatives is now proposing a bill aimed at canceling the business permit of companies who fail to provide employees the 13th-month pay. 13th month pay is a form of cash benefit equal to the monthly basic wage an employee receives … Read more