Thursday, November 16, 2017

13th Month Pay Bonus Calculator



There are a lot of articles that have been published on how to compute the 13th month pay and I have read most of it however, I think it’s missing the actual calculator that can compute our estimated 13th month pay.

The 13th month pay calculator that we have created would be beneficial especially for those employees who have been employed by the company for less than a year because, the amount of the 13th month pay will be pro-rated (will depend on the number of days or months of service).

Based on DOLE’s Department Advisory  the number of days for leave without pay should be taken into consideration.



Computation 1: If you have been employed by your company for more than a year use the computation below;
Computation 2: Pro- Rated computation. If you have been employed by your company for less than a year use the computation below;
Our Calculator has used the formula above to compute your estimated 13th month pay. 
How to use the calculator:
  • If you have been in the company for more than a year just replace the value of salary and the no of days for leave without pay then click on compute.
  • If you have been in the company for less than a year replace the value of salary, month of hire, date of hire and no of days for leave without pay  then click on compute.

13th Month Calculator


Basic Salary Per Month: Php
Month Hire (Jan = 1, Feb = 2 etc):
Day of hire (1-31):
No. of Day(s) for Leave without Pay: Day(s)



To know the amount of SSS Benefit that you will get in case you retire click the link below; http://www.callcenterfocus.com/2014/10/sss-retirement-computation.html

Note: You may consult your HR Personnel directly for queries about bonuses.



22 comments:

  1. I RESIGNED ON LAST MARCH 30, 2017 AND WAS HIRED ON MARCH 23, 2015. MY LENGTH OF SERVICE IS 2.05 YEARS ACCORDING TO MY BACK PAY COMPUTATION. MY BASIC PAY IS P11014.8, HOW MUCH WOULD BE MY 13TH MONTH IN THIS CASE? THANKS

    ReplyDelete
    Replies
    1. 1 year is equivalent of 365 days
      so 365+365+5=735 days we have calculator here
      just put the number of your workdays

      Delete
  2. no. of days reported since January to March, 23, 2017 x your daily rate divide by 12 , then it is your 13th mo. prorated .

    ReplyDelete
  3. Programmable calculators were later invented to make complicated calculations. The scientific calculators that we see today are latest inventions that came about in these segments. guarantor loans

    ReplyDelete
  4. I started working Last Januray 24 2017 and my basic pay was 18000, i got my appraisal for 23000 on August 30 2017, how does this affect my 13th month pay?

    ReplyDelete
    Replies
    1. (18000 * 7) + (23000 * 5 ) / 12 estimated 13th month 20,800

      Delete
  5. I started working Last Januray 24 2017 and my basic pay was 18000, i got my appraisal for 23000 on August 30 2017, how does this affect my 13th month pay?

    ReplyDelete
  6. Hi. I juat want to confirm my computation.. I started in the company last year of February 2016, and im terminated this november 2017. I recieved my 13th month pay last year. So how is that? Do i still need to recieve a total year of my service to the company even though i recieved my 13th month for last year or ill just be recieving for this year only? Thanks so much

    ReplyDelete
  7. can you enlighten me on this post that I saw on the net? thank you

    13th month pay is equal to the Total basic salary EARNED during the year divided by 12.
    *The following are NOT included in its computation:
    -Allowances including COLA
    -Absences, Unpaid leaves & Maternity leave
    -Overtime, Night Differential & Holiday Pay
    -Commissions, Incentives, Bonuses
    The absences and tardiness are ALREADY deducted from the employee's salary for the said month, thus, it will NOT be deducted AGAIN from the computed amount of 13th month pay.
    Source - Labor Code of the Philippines

    ReplyDelete
  8. Hi i started in my company just this oct 23 at 17,000.00 how would i compute my 13th month?

    ReplyDelete
  9. I started last June 16, 2017, my salary is Php26,000.00 monthly (gross), how much should be my 13th month pay?

    ReplyDelete
  10. Hi. if my rate increased in last 4 months of this year, and i am working more than a year. which rate should i use to compute my 13th month? Is it possible the highest rate applies to the whole year? Thanks!

    ReplyDelete
  11. The premise of this offering is done per click which just implies that each time the web crawler gives them a guest, the organization will pay for it.

    ReplyDelete
  12. ang midyear bonus po ba same lang ng computation sa 13th month na whole year po siya

    ReplyDelete
  13. This comment has been removed by the author.

    ReplyDelete
  14. Hello, I just want to inquire.
    I was hired as "Regular Employee" July 2018, will I get 100% of my 13th month being hired as regular or is it still pro-rated???

    Thank you

    ReplyDelete
  15. I resigned from my company and Last working day is on the 30th of November. Will I get my 13th month pay on December 2018?

    ReplyDelete
  16. yung holiday po ba kasama sa count ng number of days mo the whole year? for example sa 26days ko sa isang buwan may 2 days na holiday, ibabawas ko ba sa 26 days yung holiday?

    ReplyDelete
  17. can i ask same lang po ba ang computaion ng 13th month pay sa Monthly Base salary at daily Base salary...
    and how about the absences and leave without pay? makakaapekto parin ba ito sa total computation ng total earned for the month diveded by 12 months

    ReplyDelete
  18. I was resigned last oct. 2017 . and I was almost 5 months and half working.. Am I qualified to have a 13th month pay?

    ReplyDelete
  19. hello,, greetings to all... can an employer deduct salary loan or cash advances from 13th month pay?

    ReplyDelete


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