Meaning: It means the consideration paid in cash and in kind worth the additional money received by the worker's employer because of an employment compensation
categories:
Article 42: Are wages the following, no means an exhaustive list. Salary
.
Bonus.
Commission.
Participation.
gratification.
week run, etc.
benefits and features that are not pay: Assignment
mobilization or transport. Assignment
snack or food. Assignment
lost cash. Viatical
.
Family benefits granted in accordance with the law. Legal compensation
years of service.
Salary:
fixed cash allowance, paid for equal periods identified in the contract that the worker receives for the provision of their services, without prejudice to the second paragraph of Article 10, to catalog such requirements: they must be repetitive, to be paid in cash in equal periods identified in the contract as a result of it.
The salary is included for calculating benefits ff:
compensation for years of service.
payment in lieu of notice
Compensation holiday. Remuneration
holiday.
Overtime.
gratification.
Subsidies.
family allowance and maternity leave. Business
required to pay local gratification:
The presence of three conditions required by the legal provision to companies or establishments to pay bonus:
pursuing profit.
May be required to keep accounting records, and obtain profits or excess fluid in their turns.
cooperatives are exempt from the first condition, it is of the essence of its formation and its objectives are not profit oriented. However, they apply the other two conditions because they must maintain accounting records and may obtain excess liquids.
cooperatives are exempt from the first condition, it is of the essence of its formation and its objectives are not profit oriented. However, they apply the other two conditions because they must maintain accounting records and may obtain excess liquid.
employer to pay gratuity not local:
Although the law does not specify who is exempt from the obligation to pay legal gratification, we should specify that the requirement set out in that Article 46 is clear that slab corresponds to reward employees.
Without obligation to do so, not-for-profit, and, companies or establishments that for-profit, which carry a mandatory accounting and non-profits get their money during the financial period. In this case the exemption is temporary because next year if the net profits obtained must pay legal gratification without subtracting losses or prior years.