The company will pay a 14th month’s salary equal to a total monthly salary by 15 July. The reference period is from 1 July to 30 June.
In the event of commencement or termination of employment during the year, a worker who is not in the trial period shall be entitled to as many twelfths of the amount of the fourteenth month’s pay as the number of months worked in the company in the relevant period.
Fractions of a month not exceeding 15 days will not be calculated, whereas they will be considered as a full month if they exceed 15 days.