Fri, 27 Nov 2009
13th month payment: It’s not a ‘bonus’?
I was quite curious about how and why there was a need for a 13th month payment after reading this article. So I Googled for some answers, and found a few posts on this topic.
Read them first, bad English and all, before coming back here:
Actually, they all say the same thing (with some variations) so the summary here:
- We are paid according to the British system of accounting i.e. based on 28 days of work (one week has seven days; therefore four weeks has 28 days).
- Since our salary comes in monthly, we have 12 payments in one year.
- But one year has 52 weeks. 52 divided by four is 13.
- So the 13th month is something that is entitled to us. However, we have been conditioned into believing that it’s a ‘bonus’.
Hmmm. Any thoughts on this from anyone?
[...] This post was Twitted by laremylee [...]