Christmas Bonus

blanca

New member
Jan 23, 2003
99
0
0
As an employer what is my legal obligation to pay for a Christmas bonus?Thanks, Blanca
 

HOWMAR

Silver
Jan 28, 2004
2,624
2
0
Christmas Bonus is required by law for all employees, including Domestics. It is equal to one months pay. If the employee has not worked the entire year or is paid different amounts during the year, it is calculated by totalling the years salary and diivding by 12 or equal to 8.33%. The Labor Code states it must be paid no later than December 20.
 

STEVE G.

Bronze
Apr 2, 2006
1,623
8
0
community.webshots.com
Christmas Salary

3.3.Christmas Salary http://www.dr1.com/forums/legal/42156-overview-dominican-labor-law.html

In addition to his regular salary, every employee in the Dominican Republic receives, on or before December 20, a so-called ?Christmas salary? equal to one-twelfth (1/12) of the total regular salary earned during the year (Art. 220). To calculate the Christmas salary, only the regular salary received is taken into account, excluding tips, overtime and benefits received from profit sharing. The Labor Code establishes a maximum Christmas Salary of five times the minimum wage. However, many employers waive this limitation and pay employees who have worked the whole year a full extra monthly salary.

The Christmas Salary is exempt from income tax (Art. 222).