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Only basic salary is included in the computation of 13th month pay.
Allowances and monetary benefits which are not considered or integrated as part of the regular or basic salary, such as the cash equivalent of unused vacation and sick leave credits, overtime, premium, night differential and holiday pay, and cost-of-living allowances, shall be excluded from the computation.
Landing an interview with the two teen sensations would give her show a boost it badly needed. All week, Megan had been doing a feature on the growing problems of teen sex and pregnancy. Manny had had a deep-seated hatred of women for many years. She had been a white woman, his father had been Mexican.
She knew Selena Gomez was a big advocate for teen abstinence. ” Todd looked back over his shoulder at Debby and licked his lips. Which was also an issue with Manny as he resented the fact that he was not a full-blooded Latino.
An employer, however, may give to his employees one half of the required 13th month pay before the opening of the regular school year and the other half on before the 24th of December of every year.
The frequency of payment of this monetary benefit may be the subject of agreement between the employer and the recognized/collective bargaining agent of the employees.
As such, it may be excluded from the computation of 13th month pay.
The required 13th month pay shall be paid not later than December 24 of each year.Private school teachers are entitled to 13th month pay regardless of the numbers of months they work in a year, provided it is at least one month.