Oh its for real... they gave our 13th month pay today...

@ardoy0731 (7308)
Philippines
December 6, 2012 8:27pm CST
Thank God it Friday. Nice day to us since its true that they will give our 13th month pay today.I check my bank balance online to see if its for really, then I saw that there some amount added so it really for real. Don't plan yet what to buy for myself so I just let it be there but what I am sure about is to save the half of it this time around.
3 people like this
13 responses
@TeamCholent (2832)
• United States
7 Dec 12
Not only do you get a 13th check you get it at the start of the month? You are freakin lucky! We don't even get a bonus at the end of the year but I shouldn't complain as this year was a good year for me and hoping 2013 is far better. Save that extra check for something meaningful.
1 person likes this
@ardoy0731 (7308)
• Philippines
7 Dec 12
Well its in the law I think. I am planning to save the half of it so I could have something to get in case there are unexpected expenses along the way. Better than spending it all.
• United States
9 Dec 12
Perhaps in your country but not ours.
@al1979ex (125)
• Philippines
7 Dec 12
good to know that you are saving. im expecting that you're also thinking what to spend in that money. for me i usually set it aside cause i consider it just an emergency money. it will be a "emergency fund" for the coming year. spend wisely there!
1 person likes this
@ardoy0731 (7308)
• Philippines
7 Dec 12
Well I am trying to spend the half of it wisely. I spend some of it for my family, that is for sure. For myself, no plans yet of anything I will buy as reward and treat for myself. Maybe a pair of shors will be okay with me.
@cobalt20 (1318)
• Philippines
7 Dec 12
I am happy that receive a 13th month pay. You can spend or save it if you want. Merry Christmas to you!
@ardoy0731 (7308)
• Philippines
7 Dec 12
Merry Christmas as well to you. Well what I have plan for now is to save half of it so I could have something to get in case of emergency or unexpected expenses.
@SIMPLYD (90722)
• Philippines
7 Dec 12
So, you finally have your 13th month pay Ardoy. Is it full or it's just only half already? And just like you i also plan to just let it be in the bank first. Us, it's supposed to be released today. However, the funding from our head office got late in depositing it to the bank. Thus, it will be just on Monday. That's okay.
@SIMPLYD (90722)
• Philippines
8 Dec 12
Yes, we really have to spend it wisely and leave some for Christmas, ardoy. I don't want to spend it all and then when CHristmas comes, there's no shopping money anymore. I always reserve the money for Christmas day shopping because it's the birthday of our only child, our 22 year old 2nd year medical student. We would always go out as a family after we hear mass in the morning, because it's our treat for her birthday and Christmas.
@ardoy0731 (7308)
• Philippines
7 Dec 12
If it is on Monday, what a great day to start your week. We really have to save some before we spend it on things. And we really have to spend it wisely. And of course reward ourseles as well.
@sishy7 (27167)
• Australia
7 Dec 12
That's nice to hear... Is it a common thing to have there? Or is it considered like an annual bonus; for Christmas or end-of-year, perhaps?
• Philippines
7 Dec 12
13th month pay is mandatory in the Philippines. There's a Philippine law that mandates for the 13th month pay. It is usually given not later than December 24. The 13th month pay in the Philippines is equivalent to 1/12 of the basic salary received by an employee within a year. If a Filipino employee worked for less than a year (regardless of the cause for the termination of his employment, the amount due to him is determined by dividing the total salary he received by the number of months he was employed. The computation of the basic salary does not include allowances and monetary benefits that are not considered or integral part of the employee's regular compensation. Hope this information helped.
2 people like this
@ARIES1973 (11426)
• Legaspi, Philippines
7 Dec 12
I agree with fortknox. Instead of 12 months, there is additional 1 month. Some companies and offices gave additional cash gift which is included int he release of the 13th month pay.
@sishy7 (27167)
• Australia
7 Dec 12
Yes, thank you for that. I suppose the mandate is based on those who get paid monthly salary. Perhaps monthly is the common system of salary payments there. A monthly salary here is not much common as a weekly and fortnightly payments. So for those who get paid weekly, they will get 52 payments in a year or 26 payments for those who get paid fortnightly. I guess monthly salary only means 12 payments in a year which really only covered 48 weeks of the year. So, a 13th month would really just make up for the other 4 weeks to make it equivalent to 52 weeks a year.
1 person likes this
@ARIES1973 (11426)
• Legaspi, Philippines
7 Dec 12
Ardoy, you promised me you are going to buy me a gift. I am okay with pizza and coke. He he. Well, I'm glad that you were able to receive your 13th mo pay. You should celebrate and don't forget your mom. Her gift must be something especial. Merry Christmas!
1 person likes this
@ardoy0731 (7308)
• Philippines
8 Dec 12
I am still thinking what will I buy for my parents.Still thinking and finding that is something special and they will appreciate.Still have time to look for and I do hope that I will find it very soon.
@chiyosan (30184)
• Philippines
7 Dec 12
Yey! congratulations and that is good news for you that you have received it this day already. :D We received ours last cut off already, actually and well its almost exhausted now.
@ardoy0731 (7308)
• Philippines
7 Dec 12
Thanks. Well at least you already received yours. Let us jut enjoy this holiday season and spend wisely. Even save some of it so we could have something to get in case of emergeny.
• Philippines
7 Dec 12
Wow, it's a nice day for you and your officemates receiving your 13th month pay. I miss having a 13th month pay since I work abroad. We don't have 13th month pay in the company I currently work in, though they give bonus every start of the year depending on the company's profit from the previous year. It's Christmas time so I guess you need to treat yourself with a good gift. I guess you very much deserve to reward and pamper your self once in awhile, especially now that you received your 13th month pay. Just a little advice - don't spend everything...hehehe. I hope you allot some amount for your savings. That's part of rewarding yourself for your future.
@ardoy0731 (7308)
• Philippines
7 Dec 12
Well at least you still have bonus. Welm definitely I will not spend it all and will save half of it this time around, for sure. No plans yet about what to give for myself as reward for a year of hardship at work. For now, I just keeping it intact.
@superbadx (484)
• Malaysia
7 Dec 12
Good for you. Well, i used to get 13th month pay when i worked at a restaurant. Still have some saved. Mostly i use it for my daily life and not buying something big. Maybe you should save half of it in case you short in cash at the end of the month.
@ardoy0731 (7308)
• Philippines
8 Dec 12
That's my plan, to save half of it.I will really make it sure that it will be save so I could something to get along the way if unexpected expenses come.Better to spend it wisely.Save first before thinking of things to buy.
@mariaperalta (19073)
• Mexico
7 Dec 12
Im glad that you got it.. it will make a great holiday season there for you. Take care.
@ardoy0731 (7308)
• Philippines
8 Dec 12
Yes, colleagues were really glad about it.Then our salary will be on Monday.Just spend and use it wisely.
@lldrwin (187)
• China
7 Dec 12
What a wonderful day ,our company just started the performance appraisal ,I a new comer, so I guess i will not get bonus as much as yours .
@ardoy0731 (7308)
• Philippines
7 Dec 12
Oh maybe you will be included by next year so all your hardship in your company will be rewarded. Just do your best and keep up the good work in your job. All things that we do in life are worth it in the end.
@betty1989 (751)
• China
7 Dec 12
near the end of the year, everyone is eager to get 13th pay. Congratutions. you get. You can buy everything you want. have a nice day.
@ardoy0731 (7308)
• Philippines
7 Dec 12
Thanks. So far I have no plans what to buysi it is still intact as of the moment.
• Philippines
7 Dec 12
that is good to hear then... I have just also received my 13th month pay this thursday...Well, it was actually deposited tuesday but I was absent for 2 days and I was not able to check my account...It was later on when I realized then there are funds which were added into my account...:)
@ardoy0731 (7308)
• Philippines
8 Dec 12
That's great that you already your 13th month too.Just spend it wisely so some part will be left.Nice to received such reward like this which could really help a lot.