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  2. Thirteenth salary - Wikipedia

    en.wikipedia.org/wiki/Thirteenth_salary

    Philippines: the Labor Code states this bonus, commonly called "13th month pay", must be paid in sum to employees who have worked for at least a month within the calendar year. [37] Moreover, it should be given out on or before December 24 or in two installments in May and November.

  3. Labor Code of the Philippines - Wikipedia

    en.wikipedia.org/wiki/Labor_Code_of_the_Philippines

    According to Presidential Decree No. 851, an employer is mandated by law to give his employees thirteenth month pay. The thirteenth month pay required by law should not be less than one twelfth of the total basic salary earned by an employee within a calendar year. [11] The thirteenth month pay is exempted from being taxed by the government.

  4. Endo contractualization - Wikipedia

    en.wikipedia.org/wiki/Endo_contractualization

    Endo (derived from "end-of-contract") [1] refers to a short-term de facto employment practice in the Philippines.It is a form of contractualization which involves companies giving workers temporary "employment" that lasts for less than six months (or strictly speaking, 180 calendar days) and then terminating their employment just short of being regularized in order to skirt on the costs which ...

  5. List of Asian countries by average wage - Wikipedia

    en.wikipedia.org/wiki/List_of_Asian_countries_by...

    The countries and territories on the map have a net average monthly salary ... Philippines ₱ 18,423 [90] [91] ₱ 17,488 [92] 0.017 [93] 2023 316 300 1,028 Qatar:

  6. Why the ‘3 Months’ Salary’ Rule for an Engagement ... - AOL

    www.aol.com/finance/why-3-months-salary-rule...

    Most jewelers agree that the "three month's salary" rule for an engagement ring no longer applies. This guideline would indicate that if you make $100,000 a year -- barely enough to afford a house ...

  7. Template:Philippine peso - Wikipedia

    en.wikipedia.org/wiki/Template:Philippine_peso

    The template supports inflation calculation, by way of {{}}.If the second parameter is used, to specify a year, and this year is within a certain range of available inflation data (specifically, if 1899 ≤ year < 2021), the equivalent value represented in 2021 pesos will be calculated in parentheses.

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