The 13th salary, also known as the year-end double salary, is an additional one-time bonus that is paid to employees for a specified period of time by the company. In China, the 13th salary is generally considered a benefit, and the way and standard of its payment varies from company to company. The following is a detailed description of how the 13th salary is paid.
1. Distribution time.
13. The salary is usually paid at the end of the year or the beginning of the following year, depending on the company's regulations. Some companies may issue it on December 31 of each year or January 1 of the following year, while others may issue it before the Spring Festival of each year.
Second, the issuance standard.
13. The standard of salary payment is usually determined according to the employee's monthly salary and the number of years he has worked in the company. Generally speaking, the higher the monthly salary, the longer the years of work in the company, and the more 13 salaries you will receive. In addition, some companies may also adjust the payment standard of 13 salary according to the employee's work performance, performance and other factors.
3. Distribution method.
13. Salaries are usually paid in cash or by bank transfer. Some companies may direct the 13th salary to the employee's payroll card, while others may ask the employee to provide bank account information to transfer the 13th salary to a designated account. In addition, some companies may also offer other forms of perks, such as shopping vouchers, gifts, etc.
4. Precautions.
1.Employees need to confirm whether their wages and bonuses are correct when receiving 13 salaries to avoid errors.
2.Employees need to be aware of the company's rules and policies to ensure that their rights and interests are protected.
3.Employees need to receive 13 salaries on time to avoid delays affecting their welfare rights.
In conclusion, the 13th salary is a benefit that the company provides to its employees, and its payment method and standard vary from company to company. Employees need to understand the company's rules and policies when receiving 13 salaries to ensure that their rights and interests are protected.