John Jonas explains the Philippines' legally required 13th month bonus, calculated as annual pay divided by 12. Employers should pay it early December, around Dec 6, to help Filipino families at Christmas. It's separate from optional Christmas bonuses.
Questions this video answers
December 3, 2021.
Yes — the speakers state that it is a law in the Philippines.
Take the total amount paid to an employee during the year and divide by 12.
Early December — around December 5–10 (the speaker references Dec 6).
They say they usually give $25–$50 in addition to the 13th month.
Chapters
What's up, guys? It's Jon Jonas and it is time to pay the 13th month bonus to.
Your people in the Philippines.
So the 13th month bonus, just so you know, in the Philippines it's a law.
Like if you're an employer in the.
Philippines, you are legally required to pay.
Your people a bonus of the 13th month. One extra month.
I'm not going to cover exactly how it works here, but I'll just say.
You, you can take up the total amount you paid them throughout the year, divide by 12. That's the 13th month bonus.
Below in the description, there will be.
A link to a blog post that we have at onlinejobs ph, where I cover the whole thing. We explain everything. And that URL is onlinejobs ph 13thmonth13th m o n t H so right.
Now'S the time to pay this.
So here's how this, here's something interesting about the Philippines. So the 13th month is used to supply Christmas to their family. Oftentimes in the Philippines, companies start selling major things cheaper like appliances go on sale in December. They budget on for this money. They budget for the 13th month. They will plan on it. They know exactly where the money is going to be spent. They're just hoping that they get it from you.
So the later in December you send the money, the worse off they're going.
To be and the more they're going to worry, oh my gosh, I don't.
Know if it's coming or not.
What am I going to do for my family? What am I going to do for.
My kids and my parents earlier in the month you send it, the happier.
They'Re going to be.
Just so you know. So Today is like the 6th of.
December and now's a really good time to send it. This is not a Christmas bonus. The 13th month is not a Christmas bonus.
Don't send it saying merry Christmas, here's your Christmas bonus.
That's not what this is. This is part of their month, their annual salary.
If you want to send a Christmas bonus, that's awesome too send a Christmas bonus. We usually send 25 to $50 depending on how good our year was. And that's in addition to the 13th month. And so sometimes we send them both.
At the same time. Like we'll send it around December 5th or 10th and we'll send both of them and say, here's your 13th month.
Bonus and here's a Christmas bonus for you.
Other times We've sent the 13th month bonus around the 5th to the 10th.
And then we send the Christmas bonus around the 20th. Whatever you want to do doesn't really matter. They are separate things. The Christmas bonus completely not required.
It's a nice thing to do.
The 13th month bonus also not required because you're not bound by Philippines law. But it is something you definitely should do.
