Total annual income divided by 12 equals 1 month pay
To compute annual income....
For hourly paid....at full time (40 hours a week)
Hourly rate times 2080 hours equals annual payFor Salary on biweekly...
salary times 26 equals annual pay
To request a letter for your 13th month pay, start by addressing it to your employer or HR department. Clearly state your request, including your employment details and the specific period for which you are requesting the 13th month pay. Be polite and professional in your tone, and consider including any relevant company policies or labor laws to support your request. Finally, express gratitude for their attention to your request.
No, as long as the loan will close this month and you will not be over 30 days late, there is no point in paying it. Your payoff will be good thru the date you close the loan. You will not get any interest back if you pay it.
If you don't pay the credit fee or payment each month, your credit will suffer.
premium
The monthly charge for a month-to-month lease is the amount of money you pay each month to rent a property without a long-term commitment.
You take the annual salary - and divide it by 12. This gives an average salary over 12 months.
yes
This is under the discretion of the company.
No. It should not.
This is under the discretion of the company.
In my opinion tardiness should not be deducted against the 13th month pay, but to the salary of the employees. 13th month pay should be given to employees wholly without any deductions of taxes, sss, phic, hdmf (if it exceed 30,000.00 the excess are subject to withholding tax).
The 13th month is called Undecimber.
No....since you were already been deducted from your salary every-time you have incurred absences or late. 13th month is mandated by law it is the basic or the usual monthly income that you received, it is a kind of pay that is regarded as an appreciation by the company to you for the services you've done after all this years.
well Friday the 13th is on Friday the 13th
A month must begin on a Sunday in order to have a Friday the 13th.
Your GROSS pay is before any deductions. Compute deductions, subtract them from your gross pay, and get your NET pay- that is how much you get to take home.
May 2011 has Friday the 13th.