There are still employers and employees who are clueless about Presidential Decree No 851, the law mandating 13th month pay to all wage-earners or salaried personnel, whether daily-paid, wage-earner, ...
The 13th Month Pay and other benefits are tax-exempt up to a total of PHP90,000 (US$1,526). This threshold applies to combined benefits, including bonuses, incentives, and other non-taxable income.
In the Philippines, December doesn’t just mean Christmas parties, Kris Kringles, and raffles. The holiday season brings a unique tradition: the 13th month pay and Christmas bonus. *cue “Christmas ...
MANILA, Philippines — By this time, you probably already got your 13th month pay. You’ve been looking forward to it since November, and you’re going to make sure it helps solve some of your ...
MANILA – The Department of Labor and Employment (DOLE) appealed to private sector employers not to wait for the Dec. 24 deadline in releasing the 13th month pay of their workers. Labor Secretary ...
Looking at some of the highest-earning female athletes, the pay gap between the WNBA and NBA continues to grow at a massive rate. As 2024 comes to a close, Forbes compiled a list of the female ...
Firefighters at Tuesday's meeting of the Brevard County Commission, filling out seats in yellow union t-shirts, lamented the low pay and overtime hours needed in order to make ends ... underscoring ...
Got any lingering debts, like a pesky credit card outstanding balance or a massive student loan? Your 13th-month bonus provides an excellent opportunity to pay off these existing liabilities. Think of ...