All I Want for Christmas is…
One of the most anticipated things during the holiday season is the 13th month pay. It is usually given during December, wherein employees may enjoy the benefit for their Christmas activities. Employers are obligated to provide the 13th month pay not later than December 24 of a given year, given that an employee has worked at least a month within the calendar year.
The computation for the 13th month pay is rather easy. One must identify the number of months he has worked as well as his basic salary. From there, he can compute his 13th month pay by multiplying both values and dividing the total by 12.
Only rank and file employees are entitled to the benefit. Household helpers, individuals in personal service, and managerial employees, and those on commission and task-based employees (unless paid on piece-rate basis) are not entitled to receive 13th month pay.