By: Prof. Elsie Y. Jiménez
As on December calls and emails begin with questions related to the Christmas Bonus. As every year, then clarify the most common questions about it.
eligible employees Christmas bonus
Act No. 148 of June 30, 1969, as amended, better known as Christmas Bonus Act establishes the requirements to be eligible to receive a Christmas bonus as follows:
• Have worked within a period of twelve (12) months, including from October 1 of any year to September 30 of each calendar year thereafter. Example: If we consider that in 2010 the period we consider for the bonus payment this year is October 1, 2009 until September 30, 2010
• If you work within that period must have worked seven hundred (700 ) hours or more. If you do not get to the seven hundred (700) hours are not entitled to bonus
• Employees who no longer work for the company but meet the above two points are entitled to your Christmas Bonus
• It must have worked those hours for the same employer, although services are provided in different businesses, industries, and other activities of that employer
The
Bono has to pay an employer
Employers with fifteen (15) employees or less, "Every employer who employs fifteen (15) employees or less given a bonus equal to 3% of total salary to a maximum of ten thousand (10.000) dollars for the bonus to be awarded in 2010. Employers
sixteen (16) or more employees-Every employer who employs sixteen (16) or more employees granted a bonus of 6% of total salary to a maximum of ten thousand (10.000) dollars for the bonus to be granted 2010.
When we pay the Christmas bonus
The law provides that the Christmas bonus be paid no sooner than the The 1st or after 15 December of each month except in those cases where the employer and its employees mutually agree on another date. Penalties
the employer fails
If payment is not made in the manner and within the period as indicated, or on the date agreed upon between the employer and its employees, the employer is obligated to pay, in addition to such bond , a sum equal to half the bonus in additional compensation if the payment is made within the first six (6) months of noncompliance. If you take more than six (6) months to make the payment the employer is obligated to pay another amount equal to the bond, as additional compensation.
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