2024-03-21 18:59:23
There are only a few days left for companies comply with the payment of the fourteenth salary or school bonus. The maximum term for the Coast/Galapagos region is March, 15thwhile for the Sierra/Amazon it is August 15.
This benefit, equivalent to a unified basic salary ($460 in 2024), is delivered to workers under a dependency relationship who have completed one year of work. Your goal is alleviate expenses associated with the beginning of the new school year.
How to calculate the fourteenth salary?
The calculation of this item is simple, and to carry it out you simply have to divide the unified basic salary ($460) by 12, and then multiply the result of that calculation by the number of months worked.
For example, if a worker worked all year (12 months):
- $460 / 12 = $38.33
- $38.33 x 12 = $460
On the other hand, if a worker worked 10 months:
- $460 / 12 = $38.33
- $38.33 x 10 = $383.33
On the other hand, if calculations are not your thing or if you want to be more sure, The Ministry of Labor made an online calculator available to citizens to facilitate the calculation, which you can access through this link (click here).