13th month salary, a concept that is no longer strange to Vietnamese workers, especially at the end of the year. This is considered a bonus to recognize employees' contributions throughout the working year. However, not everyone clearly understands the 13th month salary and how to calculate it. This article will answer all your questions about what is the 13th month salary and how to calculate the 13th month salary in the most detailed and easy-to-understand way.

Why is psychology important in time management?

• Work motivation: The 13th month salary is a worthy reward for the efforts of employees throughout the year.
• Improve life: This amount of money helps employees improve their lives and prepare for plans in the new year.
• Promote work spirit: The 13th month salary is a way for businesses to recognize and appreciate the contributions of employees.

How to calculate monthly salary 13

The method of calculating the 13th month salary is usually specified in the labor contract or the company's bonus regulations. However, there are some common ways to calculate as follows:

• Calculated by average salary: Take the total income of 12 months divided by 12 to get the average salary, then multiply by a certain percentage.
• Calculated by work efficiency: Based on the results of evaluating the work efficiency of each individual.
• Calculated by the company's profit: Depending on the company's business situation, the bonus level may change.

For example: If your average salary for 12 months is 10,000,000 VND and the company stipulates a bonus of 1 month's salary, then your 13th month salary will be 10,000,000 VND.

Factors affecting the 13th month salary

• Company policy: Each company has its own bonus policy, depending on its size, industry and financial situation.
• Work efficiency: People with high work efficiency often receive higher bonuses.
• Seniority: Employees who have worked for a long time are often given priority.
• Company business situation: The company's profits will directly affect the bonus level.

Notes when receiving the 13th month salary

• Check information: Carefully check the information on the payslip to make sure you receive the correct amount money.
• Resolving complaints: If you have any questions or complaints, please contact the HR department for clarification.

Conclusion

The 13th month salary is an expected additional income for employees. To better understand your rights, you should carefully study the company's regulations and consult the HR department.