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What is 13th Month Pay (G5) about?

Presidential Decree 851 mandates that all employers must provide thirteenth-month pay to rank-and-file employees who have worked at least one month in a calendar year, with payment due by December 24. The thirteenth-month pay is calculated as one-twelfth of the total basic salary earned, excluding certain allowances and benefits, and is not considered part of the regular wage for overtime or other calculations. Certain employers, such as government entities and those already providing equivalent benefits, a

Author

regueromaf

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EN