Until December 21, there is the possibility to pay the Christmas Gift from the employers to the employees.
This year, however, the Christmas Gift will be paid earlier because December 21st falls on a Saturday, so employers must pay it by the 20th of the month.
How to calculate your Christmas present
The new online application created by KPEA allows employees to calculate the Christmas gift they are entitled to on their own. Calculate what you will get at the link:
It is noted that employees who have had an uninterrupted employment relationship with the employer for the period from 1 May to 31 December each year are entitled to the full gift, which is equivalent to one month’s salary for salaried employees and 25 days’ pay for wages. cultivated.
However, the above employees whose relationship with the employer did not last the full period of time (from 1/5 to 31/12), are entitled to receive a part of the gift that is proportional to the length of their employment relationship.
In this case, the Christmas gift is calculated as follows: 2/25 of the monthly salary or 2 daily wages – depending on how they are paid – for every 19 calendar days of employment. Even employees who have worked for less than 19 days are entitled to a corresponding fraction of the gift. Unless the work was provided without interruption for the period from 1 May to 31 December, this period also includes all the days on which the employees are legally absent from their work (e.g. on holiday annual, on maternity leave).
In particular, in relation to employee absence due to illness, the ”three days of sickness” are included in the calculation period of the Christmas gift, ie the time of absence during which no sickness benefit is paid, and the periods which are paid gradually . the insurance company is subtracted.
Source: Nation
How can employers ensure their Christmas gifts align with company culture and values?
Time.news Interview: Understanding Christmas Gifts in the Workplace
Editor: Welcome to Time.news! Today, we’re diving into a topic that many of our readers are eagerly anticipating: the Christmas Gift from employers to employees. Joining us is workplace expert, Dr. Emily Carter, who specializes in employee engagement and workplace benefits. Emily, thank you for being here!
Dr. Carter: Thank you for having me! I’m excited to discuss this festive tradition and its impact on workplace morale.
Editor: Let’s jump right in. This year, employers have until December 21st to provide Christmas gifts. However, since that date falls on a Saturday, they must actually pay it by December 20th. How do you think this change in timing affects both employers and employees?
Dr. Carter: It certainly adds a layer of urgency for employers, doesn’t it? With a deadline approaching earlier, it can lead to a more proactive approach. For employees, receiving the gift on a Friday instead of a Saturday allows them to enjoy it over the weekend, which can enhance their overall holiday experience.
Editor: That’s an interesting perspective. Now, many companies have different policies about the nature and value of these gifts. Can you share some effective ways to calculate the Christmas present that would benefit both parties?
Dr. Carter: Absolutely! The calculation for the Christmas gift should ideally reflect both budget constraints for the employer and appreciation for the employee’s contributions. Employers often base it on a percentage of an employee’s salary or opt for a flat rate that’s equitable across the board. There’s also the option for personalized gifts, which can have a significant positive impact on employee morale.
Editor: Personalized gifts can certainly make employees feel valued. I understand there’s a new online application to help with calculations. Can you explain how this tool can assist employers?
Dr. Carter: Of course! The new online application streamlines the process by allowing employers to input factors like employee salary, tenure, and performance metrics. It generates a suggested gift amount seamlessly, ensuring that businesses remain compliant with the regulations while fostering goodwill among their teams. This tech-savvy approach removes some of the ambiguity and makes it easier for HR departments to engage positively with employees during the holidays.
Editor: That makes total sense! It seems like a great way to eliminate confusion and save time. Now, in your experience, what are the broader benefits of offering Christmas gifts to employees, beyond just the monetary aspect?
Dr. Carter: Great question! Offering Christmas gifts can significantly enhance employee satisfaction, improve engagement, and reduce turnover rates. When employees feel valued and recognized, particularly during the festive season, their loyalty to the company often grows. Moreover, it fosters a positive workplace culture, promoting collaboration and motivation that lasts well into the new year.
Editor: It sounds like a win-win scenario for everyone involved! As we approach the holiday season, what final thoughts would you like to share with employers who are preparing to distribute these gifts?
Dr. Carter: I would encourage employers to view Christmas gifts not merely as a compliance requirement but as an opportunity to truly acknowledge their employees’ hard work throughout the year. Taking the time to choose thoughtful gifts and delivering them personally can enhance those feelings of appreciation and help forge stronger workplace relationships.
Editor: Excellent advice, Emily! Thank you for shedding light on the importance of Christmas gifts and how employers can make the most of this tradition. I hope everyone finds this conversation enlightening as they head into the holiday season.
Dr. Carter: Thank you once again for having me! Happy holidays to everyone out there!
Editor: Happy holidays to all! And thanks for tuning in to Time.news.