13th Month Pay Calculator
A 13th month pay is a form of an addition compensation for employees on top of their annual salary. You can use this 13th Month Pay Calculator to compute how much you are going to receive this year based on your monthly salary.
How to Use the 13th Month Pay Calculator
While the 13th month pay depends on the company or the type of employment, employees tend to look forward to receiving 13th month pay especially when this is something being practiced by the company on a yearly basis.
It is really common for companies doing this to release the 13th month pay at the end of December; well it is really that timely because of the Christmas and New Year Celebrations.
This type of compensation is traditionally given to regular employees only. Private contractors or freelancers might not be included but it all depends on the employer. So, here's the step by step guide on how to use the 13th Month Pay Calculator.
- Step 1
There are twelve (12) input fields on the calculator labeled by its corresponding month. It is a complete set of months of the entire year from January up to December. Enter the
Salaryeach month. For example: January 10,000, February 20,000 and so on. - Step 2
Whether the employee only just stated working on May to June or March to December, just enter the salaries during these months. After that, click on the
Calculatebutton to get your results. - Step 3
The results will be displayed on the right side of the calculator marked with ✍️ Computation Result. Here your find the
13th Month Pay(the actual pay),Total Months(number of worked months),Total Annual Salary(total salary within the year) andAverage Monthly Salary(average of your salary on worked months only).
