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Re: Christmas bonus

Posted by Jon on December 10, 2009, 2:44 pm, in reply to "Christmas bonus"

Rolly has an explanation on his web site and seems to differ from your source, at least for people who work less than full time, eg, one day a week.

Basically, he says that 15 days of work is 2.14 weeks. If the person works less than full time, it is prorated for the amount worked over 2.14 weeks. Here's an explanation:

"The aguinaldo must equal 15 days of salary. To calculate the amount for a part-time employee, divide the number of days worked during the year past by 365. Multiply that figure by 15 x the daily salary to determine the amount of the aguinaldo.


If you have an employee who works one day a week for $50 pesos:
52/365 x 15 x 50 = $106.85 pesos

If the worker is paid by the week and has worked a full year, use a multiplier of 2.14 to make the math easier. If the worker is paid $500 pesos per week, then it is $500 x 2 .14 = $1070 pesos

If the weekly worker has not worked a full year, divide the number of weeks worked by 52.14 x 15 x the daily salary (weekly salary divided by 7) to determine the amount of the aguinaldo."

If the mexperience presentation is right, I owe our maid $2,700 pesos. If Rolly is right, I owe her $388 pesos. I can augment this, of course, as much as I so choose.

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