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A thirteenth salary, or end-of-year bonus, is an extra payment sometimes given to employees at the end of December.Although the amount of the payment depends on several factors, it usually matches an employee's monthly salary and can be paid in one or more installments (depending on the country).
The calendar year has 13 months with 28 days each, divided into exactly 4 weeks (13 × 28 = 364). An extra day added as a holiday at the end of the year (after December 28, i.e. equal to December 31 Gregorian), sometimes called "Year Day", does not belong to any week and brings the total to 365 days.
According to Presidential Decree No. 851, an employer is mandated by law to give his employees thirteenth month pay. The thirteenth month pay required by law should not be less than one twelfth of the total basic salary earned by an employee within a calendar year. [11] The thirteenth month pay is exempted from being taxed by the government.
Switzerland's minimum old age and survivors (AHV) pension is 1,225 Swiss francs ($1,393) a month, and the maximum 2,450 francs. For couples it is capped at 3,675 francs.
In the Java Platform, Standard Edition, the java.util.Calendar class includes support for calendars which permit thirteen months. [8] Although the Gregorian calendar used in most parts of the world includes only twelve months, there exist some lunar calendars that are divided into synodic months, with an intercalary or "leap" month added in some years.
Today is Friday the 13th, an occurrence that happens only a couple of times a year. This is the second Friday the 13th of 2024, just two months after the last one in September. It also happens to ...
Month-to-date (MTD) is a period starting at the beginning of the current calendar month and ending on either the current date or the last business day before the current date. Month-to-date is used in many contexts, mainly for recording results of an activity in the time between a date (exclusive, since this day may not yet be "complete") and ...
A lunisolar calendar was found at Warren Field in Scotland and has been dated to c. 8000 BC, during the Mesolithic period. [2] [3] Some scholars argue for lunar calendars still earlier—Rappenglück in the marks on a c. 17,000 year-old cave painting at Lascaux and Marshack in the marks on a c. 27,000 year-old bone baton—but their findings remain controversial.
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