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Get the free Employment (Thirteenth Month Pay Committee) Regulations, 2017

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Laws.Africa Legislation CommonsSeychelles Employment ActEmployment (Thirteenth Month Pay Committee) Regulations, 2017 Statutory Instrument 13 of 2017 Legislation as at 1 June 2020 FRBR URI: /akn/sc/act/si/2017/13/eng@20200601There
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Employment thirteenth month pay is a bonus that is typically equivalent to one month's salary, provided to employees at the end of the year as a form of gratitude and financial assistance.
Employers are required to file employment thirteenth month pay for all of their rank-and-file employees who have worked at least one month during the calendar year.
To fill out employment thirteenth month pay, employers need to calculate the total salary earned by the employee during the year and divide it by 12, then present this amount in the appropriate documentation.
The purpose of employment thirteenth month pay is to provide additional financial support to employees during the holiday season, helping them manage their expenses and enhance their overall well-being.
The information that must be reported includes the employee's name, the total amount of thirteenth-month pay, the period of employment, and any deductions or adjustments applicable.
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