Monday, March 4, 2024

Bonus 2023: how is it calculated, when and who receives it?

2023 is just a few days away from the end and with it, in addition to the December holidays, comes one of the job benefits that Mexicans are most looking forward to in the last part of the year: the bonus.

But if you still don’t know what this benefit is, here we explain everything: what it is, when it is deposited and who can enjoy this benefit.

In accordance with article 87 of the Federal Labor Law, workers are entitled to an annual bonus that must be paid before December 20.

Who is entitled to the bonus?

All workers, whether rank-and-file, trusted, permanent, union, those hired on a project basis, for a specific period, period, for an indefinite period subject to probation or subject to initial training, temporary workers, commission agents, commercial agents, insurance agents, sellers and the like.

In general terms, this labor benefit is available to all people who offer their services in a low way to an employer, governed by the Federal Labor Law.

When should the bonus be sent?

The bonus must be paid before December 20.

How much bonus will I receive?

You should receive, at least, the equivalent of 15 days salary per day or the ordinary amount you receive per day’s work.

How do I calculate my bonus?

Multiply your base salary or daily rate by 15and you will get the amount equal to your bonus.

If you earn $10,000 pesos per month, you must divide that amount by 30 to find out what your daily base salary is $333.33 pesos.

Now, the daily base salary is multiplied by 15, which is possible $4999.95 pesos.

Are workers who have worked for less than a year in a company entitled to a bonus?

Workers who, on the bonus payment date, have not completed one year of service provision, or whose employment relationship ends before the bonus payment deadline, are entitled to receive its proportional share.

This calculation is made according to the time they worked in the calendar year, regardless of the exact duration, even if at the time of payment they worked for another company.

If a worker voluntarily resigns from his job, is he entitled to receive a bonus payment?

Workers who resign from their jobs before December 20 are entitled to be paid a proportional part of the bonus equal to the time they worked.

The proportional bonus must be paid at the time of termination of the employment relationship, as part of its liquidation or settlement.

Can part of the bonus payment be deducted?

No, except for the discounts established by the Federal Labor Law.

What do I do if I don’t receive my bonus before December 20?

The Federal Labor Law establishes the employer’s obligation to pay the bonus on time. In the case of non-compliance, penalties from 50 to 500 times the Measurement and Update Unit (UMA) are applied for these violations, and the worker is given a period of one year to request compensation.

If you have questions, the Federal Labor Defense Attorney’s Office (PROFEDET) provides advice and representation. in case of employer’s default with bonus payments.

By phone at 59 98 2000 or al 018009117877, 018007172942.
In email [email protected]

World Nation News Desk
World Nation News Deskhttps://worldnationnews.com/
World Nation News is a digital news portal website. Which provides important and latest breaking news updates to our audience in an effective and efficient ways, like world’s top stories, entertainment, sports, technology and much more news.
Latest news
Related news