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Re: Christmas ’Bonus’ Payment to Employees
This calculation appears to be for full-time employees. If my housekeeper works for only two hours one day per week, she does not receive 15 days' pay: she receives two days' pay as her bonus because "that is what an employee would earn over a 15-day period." I could be wrong, but this has been my aguinaldo calculation for the past twenty years in two states, and no one has every complained. Of course, I give my employees thousands of pesos worth of stuff over the course of a year, but this is my Xmas bonus calculation and I'm sticking to it. Rich people need not reply.
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