13th and 14th month’s pay

With effect from 1 May 2018, the monetary benefit that an employer may provide to employees during the summer holiday season (the so-called 13th month’s pay) and as a Christmas bonus (the so-called 14th month’s pay) is considered to be wage. This also gives employers the option and not the obligation to remunerate employees in June and in December in this form, in addition to the regular wage. Special regulations set out the details concerning provision of the respective deliverables.