This December 20 is the deadline for the payment of the premium | my finances

This Tuesday, December 20, the deadline for companies and employers in the country to pay their employees the year-end bonus, also known as the Christmas bonus.

(Calculate how much premium you should get).

Those who do not make the payment of this benefit or do not do so in a timely manner on the set date, may entail restrictions contained in the law, of up to 5000 Current Minimum Legal Monthly Wages.

Employees who do not receive the premium may file a lawsuit before a judge, which could order the payment of the due benefit and even a possible penalty for not having paid the premium after the termination of the employment contract.

If you have any questions related to this topic, the recommendation is to go to the Labour Code or to a labor lawyer who can advise you in the correct way.

The premium must be paid to every worker who meets the conditions of an employee who has a direct employment contract with the company.

(Sanctions that employers would receive for not paying the premium).

This type of employee also includes domestic service workers, family service drivers, and day and part-time workers. The only workers who do not have the right to receive the premium are those who have agreed with their employer a full salary (article 132 of the Substantive Labor Code).

– Half monthly salary no later than June 30 of each year.

– Half monthly salary no later than December 20 of each year.

(Mintrabajo’s call for the payment of the Christmas bonus).

If the worker has a fixed salary, the premium for each semester is paid with the last salary earned. In the event that you have variations in salary (due to overtime, Sunday, etc.) or have a variable salary (commissions), you must pay based on the average salary of the corresponding semester.

Calculate how much you will receive below:

Legal Premium Liquidator

Income your monthly salary

$

worked days

CALCULATE VALUE

The value of your premium is:

$

BRIEFCASE

By Robert Collins

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