Just one month to go before Christmas. Now may be the best time to post about one of the most awaited moments for employees - to receive his/her 13th month pay. Q: What is 13th month pay? A: 13th month pay is a form of monetary benefit equivalent to the monthly basic compensation received by an employee, computed pro-rata according to the number of months within a year that the employee has rendered service to the employer. Q: Who are required to pay the 13th month pay? A : All establishments regardless of the number of employees are required to pay their rank-and-file employees the 13th month pay. Q: Who are entitled to receive the 13th month pay? A: All rank-and-file employees regardless of the nature of their employment, and irrespective of the methods by which they are paid, provided they worked for at least one month during a calendar year. Q: How is 13th month pay computed? A: The 13th month pay is computed ba...
Established in 2009, The Bogo Times has grown from a local blog into a photography service based in Northern Cebu — capturing Good Times, one snap at a time.