Are employers who already provide a Christmas bonus required to pay thirteenth-month pay?
Employers who are already paying their employees a thirteenth-month pay or more in a calendar year are exempt. This includes employers paying its equivalent, such as a Christmas bonus, midyear bonus, or cash bonuses, at the time of the issuance of Presidential Decree No. 851. The equivalent must amount to not less than one-twelfth of the basic salary. Therefore, the law prevents the mandatory duplication of these specific financial benefits. 17-May-26About Nicolas and De Vega Law Offices
Nicolas and De Vega Law Offices is a full-service law firm in the Philippines. You may visit us at the 16th Flr., Suite 1607 AIC Burgundy Empire Tower, ADB Ave., Ortigas Center, 1605 Pasig City, Metro Manila, Philippines. You may also call us at +632 84706126, +632 84706130, +632 84016392 or e-mail us at [email protected]. Visit our website https://ndvlaw.com/.
