Did you know that the Social Security System, more commonly known as the SSS, ok-ed the 13th month of pensioners? Based on the most recent news, they’ll be able to pull this off with the help of the Development Bank of the Philippines, more commonly known as the DBP. Aurora Ignacio, the Chief Executive Officer […]
13th month pay
13th Month Pay on Pro Rata Basis – Malacañang
The 13th month shall be distributed on a pro rata basis, said the Malacañang earlier this week. What does this mean for people and employees? Basically, it means that employees would not be able to receive their full pay this year, instead, their 13th month will be according to the actual salary earned. Labor Undersecretary […]
13th Month Pay of Public School Teachers, to be Released in May
If you are a public school teacher, then you will be joyous of the newest announcement made by the Department of Education (DepEd). According to Annalyn Sevilla, DepEd Undersecretary, the 13th month pay of public school teachers will be ready and released in May; particularly, it’ll be available by the 15th of May. In her […]
President Rodrigo Duterte Urged Business Owners and Employers to Give 13th Month Pay in Advance
Hundreds, if not thousands of businesses and employers have announced a lockdown in their establishments to keep the virus at bay. A lockdown can be considered as the direct order of “shutting down” or by directing employers to stop operations to keep their personnel, and their entire staff safe by not requiring them to attend work. […]
14th Month Pay For Private Sector Employees, Pushed by Senator Sotto
July 1, 2019, Monday, Senate President Vicente “tito” Sotto III submitted a bill that seeks to provide private sector employees a 14th month pay annually. Although some companies offer this bonus pay to their employees, it’s still not a standard law. In addition to that, he said that putting a hike on the compensation and […]
Who are Entitled to Receive a 13th Month Pay?
It’s December and people are looking forward to two (2) things: The Holidays and their bonuses and 13th month pays. A lot of people have inquiries as to what the 13th month pay is and whether or not they can get it. In this article, we will be detailing what the 13th month pay is and […]
