JUST IN: President Duterte Pleads For Early Release Of 13 Month Pay To Companies

In the latest live stream of President Duterte on his nation address on the COVID19 crisis March 16, 2020 (Monday).

In his speech the President pleads to private sectors for early release of 13 month pay from private sectors.

The said pay is on a pro rated basis which means your one month salary will be divided by the total of months prior to the release of payment.

COMPUTATION DOWN BELOW:

(1 MONTH SALARY\NO. OF MONTHS WORKED BEFORE RELEASE OF 13 MONTH PAY)

The president also ask for kind consideration from billing companies to extend one month due date and big companies help smaller companies to cope up with the crisis to sustain its earnings.

The Metro Manila now is now lockdown and the greatly affected ones are the poor people and local employee in the private sector.

Also the national government ask for full support and cooperation from the people to follow the policies and restriction of the local authorities because it is for the sake of public health safety.

Meanwhile check out for the local update of COVID19 and please be safe.

1 thought on “JUST IN: President Duterte Pleads For Early Release Of 13 Month Pay To Companies”

  1. Can we avail of that early release of 13th month pay even if the establishment’s financial status is in deep crisis?

    Reply

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