Gratuity for July 2022: with this formula calculate the payment you will receive for National Holidays

Companies have until Friday the 15th to deposit the bonus for July this year to workers subject to the private regime hired indefinitely, fixed term or part time. While that money is expected, in this note you can calculate how much you should receive for this concept.

Labor lawyer César Puntriano Rosas, main partner of Estudio Muñiz, commented that in order to calculate the amount of the bonus, it must be determined how much the worker’s remuneration amounted to as of June 30 (computable remuneration).

“The bonus will be equivalent to a full remuneration if the worker has worked the entire semester (January-June) and will be reduced proportionally in its amount if the service time is less, and the months and days worked in the semester must be taken into account for its calculation.“, accurate.

He indicated that another point to consider is that the bonuses are exempt from the payment of taxes, so the contribution to the ONP or AFP will not be deducted except for the fifth category income tax

In addition, the lawyer mentioned that it should be taken into account that 9% of the amount of the bonus that you will stop contributing to EsSalud as an employer, will be given to the employee as an extraordinary bonus. If you are affiliated with an EPS, you will receive a bonus of 6.75%.

Puntriano also pointed out that vacation rest, paid leave, breaks due to paid or subsidized work accident, among others, are exceptionally considered as time actually worked, for purposes of calculating bonuses.

What is the formula for the calculation?

The following formula is for workers with six months of seniority:

• Add your gross salary plus the family allowance and include the 9% that corresponds to EsSalud. Now, if you are affiliated with EPS, you must add 6.75%.

Now, if you are a worker who has not worked the full semester, you must calculate your bonus as follows:

• Divide the salary between the months worked and add the percentage of EsSalud or EPS.

Is there a fine for the company if it does not pay the gratuity?

If the deadline for your deposit has expired, the company where you work has not deposited this economic benefit of the bonus, you can be fined up to 26.12 Tax Units (S/ 120,152).

Keep in mind that if the bonus is paid untimely, the worker will have the right to receive said benefit with the corresponding legal interest.

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