Do I get paid in December if I have been at work for less than a year?

Do I get paid in December if I have been at work for less than a year?

December 13, 2024 – 2:55 p.m.

Although they will receive the second installment of the bonus, these workers must carry out a specific calculation to know the amount they will receive.

It is already the end of the year and the workers are waiting, as usual, for the payment of the second installment of the Supplementary Annual Salary (SAC). Popularly known as bonusthis extra corresponds to the half of the highest salary in 2024.

However, there are exceptional cases, such as those that have started working at a place less than a year ago. A common question is whether, despite not having sufficient seniority, they will be able to count on the bonus in the last month of the year.

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Bonus.

How the bonus is calculated

The bonus consists of 50% of the salary with the highest monthly remuneration received by the worker in the corresponding semester. This is divided into two payments, the amounts of which are determined according to the salaries of each semester. In that sense, the first installment corresponds to half of the best salary between January and June, while the second corresponds to the same but between July and December.

Does the bonus correspond to me if I have been working for less than a year?

Yes, it corresponds collect the bonus if you have been working in a place for less than a year. However, in that case the formula changes, so these types of cases must be calculated as follows: (employee’s salary/12) x months worked.

With this calculation it will be possible to find out the amount of the December bonus. For example, if a person worked 3 of the 12 months and earns $100,000, the calculation would be:

($100,000/12) x 3 = $25,000

Likewise, those who terminate their employment relationship before either of the two installments are paid They must receive payment proportional to the months worked.

Source: Ambito

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