Satisfaction 2022: today is the deadline for them to pay workers

Business They have until today, Thursday, December 15th, to pay the 2022 Christmas bonus to their employees.

This work allowance is paid twice a year, in July and December, but do you know who it is for and how much they should receive? Below is all the information:

Who should receive this payment?

Under the Tipping Act 27735, persons eligible for the December Cash employees from the private sector who are on the payroll.

These workers must have worked for at least one month between June and December 2022. If you have only worked for one month, then you will only qualify for the “free services” part.

While the employees small companyhired after the company has been registered with the Registry of Micro and Small Businesses (Remype), the law states that they will receive half of the bonus salary.

The PPU legal study indicates that the worker must have worked for at least one month or be on vacation, paid leave, or receiving Social Security or industrial accident benefits.

In addition, they indicate that these bonuses are provided in proportion to the months actually worked. Vacation periods of rest and leave due to disability or an accident at work are considered to be actually worked out.

They are not entitled to half the bonus salary, workers microenterprise who were hired prior to registering the business with Remype.

Trainees in vocational training also do not receive “free” who receive half of the economic subsidy upon reaching 6 months, but it is not necessarily provided in July and December.

How much are they paying this month?

Pacifico Business School finance expert Jorge Carrillo Acosta explains that in order to calculate satisfaction we have to consider our undiscounted monthly salary, i.e. AFP or income tax is not discounted.

In addition to this full salary payment, there is also an additional bonus of 9% if you are affiliated with EsSalud or 6.75% if you have an EPS.

In total, it is assumed that the payment you should receive within these two weeks is salary gross + 9% EsSalud or 6.75% EPS + family allowance (if received).

Similarly, if an employee receives an inaccurate or variable remuneration, the amount will be determined based on the average received between January and June.

For example: for someone who is earning SGD 1600 and has been earning SGD 100 overtime on average in the last few months, then your satisfaction the calculation will be S / 1700, add 9% of the salary to this amount if you are associated with EsSalud.

What if I don’t get paid?

Estudio Fuentes labor lawyer Jorge Castillo Guzmán points out that in workers victims can file a complaint with their work centre. They can request this in writing or by telephone in the relevant area of ​​the employer, such as human resources, administration, treasury and others.

Employees may also report non-payment of remuneration to union representatives as delegates and/or the union body, if the company has them.

“Finally, you can file a virtual complaint with the National Office of Labor Inspection (sunafil) the subject will conduct an audit and, in case of detection of late or incomplete payment of remuneration, will require compliance, otherwise a fine will be imposed, ”the specialist specified.

As indicated, a complaint can be made through the virtual application on the Sunafil portal: https://aplicativosweb2.sunafil.gob.pe/si.denunciasVirtuales/inicio.

fines

National Labor Inspection Administrationsunafil) indicates that non-payment of this work allowance qualifies as a serious offence.

The fine for a small company can be up to SGD 20,700, while for medium and large companies it can be up to SGD 120,152.

Recommendations for using your “free”

Finance expert Jorge Carrillo points out that we must prioritize expensive debt first. First make a list of all the ones we have, then pay off or cancel the ones that come from credit cards as they imply TEA (effective annual rate) an average of 55% when it comes to installment or renewable consumption, and it can be over 80% when it comes to cash.

1. Pay off credit card withdrawals Credit. Providing cash by card usually has very high rates, above 80%.
2. Pay off debts on purchases with the Card (in installments or renewable). The average interest rate (TEA) for credit card purchases is 55%. You must first start paying off debts with a higher TCEA.
3. Pay consumer loans. These include freely available personal loans, a loan for the purchase of household appliances or building materials and, finally, a loan for the purchase of a car.
4. Pay off mortgages. They pay last because they usually have low rates, less than 9% in soles.

“You should always pay yourself first,” Jorge Carrillo said, referring to saving what a person should have. To do this, it is important that you set aside at least 10% of your salary, which will serve as a reserve fund or to achieve a long-term goal, such as a down payment on a house, a trip, a master’s degree, or another. .

A good alternative is to invest in either a mutual fund or family business; however, he believed that this decision depended on the investor’s knowledge of the market and the risk he was willing to take.

If we still have a surplus, you can allocate “free” to the expenses you prefer most, such as travel, buy clothes, household appliances repair, home redecoration, etc.