The Department of Labor and Employment (DOLE) reminded employers that they have until December 24 to release the 13th month pay of their workers.
DOLE Secretary Silvestre Bello III, in a labor advisory, said all covered employers in the private sector, under the law, are required to “pay their rank-and-file employees the 13th month pay on or before Dec. 24 of every year.”
According to him, employers who fail to provide their employees with 13th month pay on time can be slapped with fines.
Bello urged employees to immediately report their non-complaint employers to any DOLE regional office.
The labor department defined the 13th month pay as “one-twelfth (1/12) of the employees’ basic salary in a calendar year.”
The basic salary includes all earnings paid for services rendered but it may not include cost-of-living allowances, profit-sharing payments, cash equivalents of unused vacation and sick leave credits, overtime pay, premium pay, night shift differential pay, holiday pay, and all allowances and monetary benefits, which are not considered part of the employee’s basic pay.IMT