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13th month pay

As businesses expand internationally, understanding local compensation norms is essential.

In many countries, 13th month pay, also known as a 13th salary or year-end bonus, is an additional payment - typically equivalent to one month’s base salary - given on top of the standard annual earnings.

This extra pay can be distributed in a single year-end lump sum or in multiple instalments throughout the year, depending on local practices.

Mandatory by law in several countries – particularly across Latin America, parts of Europe, Asia, and Africa:

  • Latin America (e.g. Argentina, Brazil, Colombia, Mexico, Panama): payment often split into two or more instalments.

  • Europe: required in countries like Greece, Portugal, and Spain; often customary in Austria, Italy, Switzerland, and several others.

  • Asia: mandatory in the Philippines, Indonesia, and India; customary elsewhere in the region.

  • Africa: required in Nigeria, Angola, and South Africa.

In countries where it’s not legally mandated - like the US, UK, or Canada - it may still be offered as a discretionary year-end bonus.

  • Standard calculation: divide the employee's annual base salary by 12.

  • Proration: if the employee hasn't worked a full year, prorate the amount based on months of service.

  • Variations: some countries use alternate methods – e.g., Argentina may base it on the highest monthly earnings in the previous six months, while Italy or Brazil may divide annual salary by 13.

  • Tax treatment varies: certain countries like the Philippines cap tax-exempt amounts; others treat it as regular taxable income.

  • Legal compliance: missing mandatory 13th month payments can lead to fines and penalties.

  • Employee expectations: in customary markets, offering this pay boosts trust and morale.

  • Payroll planning: factoring in this obligation during budgeting and global payroll setup is essential.

  • Global consistency: uniform compliance across regions supports equitable treatment of employees worldwide.

  • Global payroll services: outsourced solutions for managing international employee compensation.

  • Payroll liabilities: the total wages, benefits, and taxes owed to employees.

  • Payroll outsourcing companies: external providers managing payroll compliance and administration.

  • Employer of Record (EOR): a service provider that legally employs staff on behalf of companies expanding internationally.

  • Salary benchmarking: comparing pay scales across industries and regions to ensure fair compensation.

  • Independent contractor payments: compensation for freelancers or consultants, often distinct from accrued payroll.