Payment is coming gratification, one of the most anticipated moments by the workers. On the occasion of the National Holidays, employees who are on the payroll in the public sector receive this labor right, so that they can bear the expenses required by the holiday. Do you know when you should be deposited and how?
The gratuity is intended to provide additional remuneration for National Holidays and Christmas festivities with the objective that the worker can face the additional expenses that they demand such as trips, excursions, purchases, among others, indicates the Ministry of Labor.
If you want to know more about this social benefit, such as when the payment must be made and how it is calculated, keep reading this note.
WHO WILL RECEIVE GRATIFICATION OF NATIONAL HOLIDAYS?
Private sector workers who are on the payroll and who have worked at least 1 month between January and June 2022.
If the person worked only 1 month during that semester, they will not receive the full bonus, as will those who have been on the payroll since 01/01/22. In this case, the amount of the payment will be 1/6 of the computable remuneration for the month worked.
WHEN SHOULD THE JULY GRATIFICATION BE DEPOSITED?
Companies must deposit the gratuity before July 15, in accordance with article 5 of the Law on bonuses (Law 27735). If in case, the fortnight falls on a non-business day, the payment must be made until the last business day prior to that date. It is estimated that more than 4 million workers on the private sector payroll receive the bonus payment. The total amount of payment would be approximately S / 9,000 million, according to Jorge Carrillo Acosta, professor and finance expert at Pacífico Business School.
What happens if companies do not deposit the gratuity?
Companies that do not make the deposit on time could receive a fine that could reach more than S / 120,000, depending on the labor regime and the number of workers affected, explains Carrillo Acosta.
HOW MUCH WILL I BE PAID AS A GRATIFICATION FOR NATIONAL HOLIDAYS?
The bonus for a private sector worker is a gross salary (they will not be subject to any AFP discount, Income Tax, etc.), in addition to the extraordinary bonus of 9% of the salary, corresponding to the contribution to Essalud. “Therefore, this means that you will receive an amount greater than the net salary that you normally get in your pocket each month,” according to Jorge Carrillo Acosta, professor and finance expert at Pacífico Business School.
Example to calculate your bonus
In short, the bonus will be the gross salary plus an additional 9% of the salary for Essalud. For example, if your gross salary is S/2,000, you must add S/180 (9% of S/2000) from the bonus, which makes a total of S/2,180.
NOTE: Likewise, if the worker is affiliated with an EPS, the extraordinary bonus is equivalent to 6.75%.