13th Month Pay Calculator Philippines

Did you know that in the Philippines, employers must give their employees a 13th month pay? The amount of this extra salary payment depends on a few factors, including the employee’s length of service and compensation. If you’re unsure how to calculate your 13th month pay, don’t worry – we’ve got a 13th month pay computation using our 13th montly pay calculator Philippines 2021 to help make things easy! Just input your information into the calculator below, and it will do all the hard work for you. So what are you waiting for? Start calculating today!

13th Month Pay Computation in the Philippines

The 13th month pay is an additional salary payment employers must give their employees in the Philippines. This extra payment usually equals one-twelfth (1/12) of the employee’s basic salary, but it can also be a different amount depending on the company’s policy. The 13th month pay is typically given out during the Christmas season, but it can also be given at other times of the year, depending on the employer.

Eligible to Receive a 13th Month Pay?

All employees who have worked for at least one month are eligible to receive a 13th month pay. This includes regular, probationary, and even temporary workers. However, there are some exceptions to this rule. For example, employees who have already quit or been terminated before the end of the year are not eligible to receive a 13th month pay.

Not Eligible to Receive a 13th Month Pay?

As mentioned above, there are some exceptions to the rule that all employees are eligible to receive a 13th month pay. In addition to employees who have already quit or been terminated, other examples of employees who are not eligible to receive a 13th month pay include:

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Employees who are paid on a monthly salary but with no definite period of employment (i.e. “casual” workers)
Are paid on a daily, weekly, or hourly basis

How Do You Compute Your 13th Month Pay?

The amount of your 13th month pay is typically one-twelfth (1/12) of your basic salary. However, it is important to note that this amount can vary depending on the company’s policy. For example, some companies may choose to give out a higher 13th month pay to employees with longer lengths of service, while others may give out a lower 13th month pay to employees with shorter lengths of service.

In computing your estimated 13th month pay, you need the following information:

Basic Pay: This is the fixed amount you receive regularly before any deductions are made. It does not include bonuses, allowances, or other forms of compensation.

Length of Service: This is the number of years (or months) your current employer has employed you.

Tardiness/ Absences: This is the number of days you were absent or late for work.

To calculate your 13th month pay, multiply your basic salary by the length of service and then divide it by 12 months. For example, if your basic salary is PHP 10,000 and you have worked for 3 years, your 13th month pay would be: (10,000 x 3) / 12 = 2,500

Try Our 13th Month Pay Calculator

13th Month Pay Calculator

Enter your Basic Monthly Salary: Enter Months Worked in the Year:

Note: This is just an estimate. The actual amount may be different depending on the company’s policy.

Conclusion

So what are you waiting for? Start calculating your 13th-month pay today! With our handy 13th month pay calculator Philippines 2021, it’s easier than ever to figure out how much you’re owed. And don’t forget – if you have any questions or need help, call us, and we’ll gladly assist.

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