{"id":274666,"date":"2020-11-09T20:08:30","date_gmt":"2020-11-10T01:08:30","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=274666"},"modified":"2020-11-09T20:08:30","modified_gmt":"2020-11-10T01:08:30","slug":"solon-urges-private-sector-to-give-xmas-bonus-early","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2020\/11\/09\/solon-urges-private-sector-to-give-xmas-bonus-early\/","title":{"rendered":"Solon urges private sector to give Xmas bonus early"},"content":{"rendered":"<figure id=\"attachment_215161\" aria-describedby=\"caption-attachment-215161\" style=\"width: 1279px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2019\/05\/bank-notes-banknotes-cash-164560.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-215161\" src=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2019\/05\/bank-notes-banknotes-cash-164560.jpg\" alt=\"\" width=\"1279\" height=\"839\" srcset=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2019\/05\/bank-notes-banknotes-cash-164560.jpg 1279w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2019\/05\/bank-notes-banknotes-cash-164560-300x197.jpg 300w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2019\/05\/bank-notes-banknotes-cash-164560-768x504.jpg 768w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2019\/05\/bank-notes-banknotes-cash-164560-1024x672.jpg 1024w\" sizes=\"auto, (max-width: 1279px) 100vw, 1279px\" \/><\/a><figcaption id=\"caption-attachment-215161\" class=\"wp-caption-text\">A party-list lawmaker on Monday urged the private sector employers to release the 13th-month pay or year-end bonus of their employees early. (Pexels photo)<\/figcaption><\/figure>\n<p><strong>MANILA<\/strong>\u00a0\u2013 A party-list lawmaker on Monday urged the private sector employers to release the 13th-month pay or year-end bonus of their employees early.<\/p>\n<p>Anakalusugan Rep. Mike Defensor said paying the bonus ahead of the December 25 schedule would be a \u201cgesture of compassion\u201d on the part of employers amid the coronavirus disease 2019 (Covid-19) pandemic.<\/p>\n<p>\u201cThat will surely ease the financial burden our workers and our people have to face everyday because of the Covid-19 pandemic and the resulting economic difficulties. Many of them are forced to resort to borrowing money just to make both ends meet,\u201d he said.<\/p>\n<p>He said private sector employees could also do early shopping to escape the Christmas chaos.<\/p>\n<p><strong>Bonus of gov\u2019t workers<\/strong><\/p>\n<p>Defensor said more than 1.5 million workers in the government will receive their Christmas bonus starting this week.<\/p>\n<p>He said under Section 8 of Republic Act No. 11466 or Salary Standardization Law 5, the year-end bonus equivalent to one-month salary, plus a PHP5,000 cash gift, \u201cshall be given in November of every year\u201d.<\/p>\n<p>He said this is restated in National Budget Circular No. 579, which Budget Secretary Wendel Avisado issued in January this year.<\/p>\n<p>\u201cI am assuming that the budget secretary has released the funds needed for the payment of the government workers\u2019 Christmas bonus and PHP5,000 cash gift,\u201d Defensor said.<\/p>\n<p>He said if the funds are already available, agencies could begin giving the bonus on Nov. 15.<\/p>\n<p>\u201cAnd since this week\u2019s payday falls on Sunday, the bonus could be advanced as early as Thursday for personnel on a four-day workweek, or Friday for those on the usual five-day work schedule, or on Monday,\u201d he said.<\/p>\n<p>RA No. 11466, signed by President Rodrigo Duterte in January, contains the newest four-year salary upgrading program in the bureaucracy.<\/p>\n<p>Under the law, the lowest-paid worker gets an adjusted monthly salary of PHP11,551 up to PHP12,244, depending on length of service, this year. The pay increases to PHP13,000-P13,780 in the fourth year (2023).<\/p>\n<p>On the other hand, the highest-paid official, the President, receives PHP407,734 this year. His salary goes up to PHP431,718 in 2023.<\/p>\n<p>Defensor said the law, however, does not apply to President Duterte and incumbent members of the House of Representatives and the Senate. The Constitution prohibits them from being beneficiaries of their official acts.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MANILA\u00a0\u2013 A party-list lawmaker on Monday urged the private sector employers to release the 13th-month pay or year-end bonus of &hellip;<\/p>\n","protected":false},"author":44,"featured_media":215161,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,95],"tags":[],"class_list":["post-274666","post","type-post","status-publish","format-standard","has-post-thumbnail","category-news","category-news-ph","mauthors-filane-mikee-cervantes","mauthors-philippine-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/274666","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=274666"}],"version-history":[{"count":1,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/274666\/revisions"}],"predecessor-version":[{"id":274667,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/274666\/revisions\/274667"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/215161"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=274666"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=274666"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=274666"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}