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FAQs

Publication Date:

2024-03-11

Last Updated:

2024-03-11

Q: What is the definition of total monthly salaries?


Answer:

 
The total monthly salaries shall be the payment effected by the employer in favor of the employees for the service rendered on a monthly basis, including the regular monthly salaries (including basic salaries, and monthly allowances), and occasional payment (year-end bonus, festivity gifts, employee bonus, performance bonus and compensation for overtime duties).