13th-Month Pay Computation: Employee and Employer Quick Guide eezi.com

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Crissy Malons Crissy Malons 4 months ago in Accounting 0

The 13th-month pay is a mandatory form of compensation in the Philippines secured by Presidential Decree No. 851. Rank-and-file employees receive this benefit, which serves as an important financial assistance at the end of the year.

When should employees receive their 13th-month pay? Learn all about the 13th-month pay law that mandates this benefit and its coverage.

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Tags : 13th month pay13th month pay calculations13th month pay computation13th month pay exemptions13th month pay guidelineshow to compute 13th month pay
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