1. What is meant by basic salary for the purpose of computing the 13th month pay? 2....

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1. What is meant by "basic salary" for the purpose of computing the 13th month pay?

2. How do you compute for the 13th month pay?

3. When should 13th month pay be paid?

4. Enumerate the regular holidays and nationwide special holidays. State the date and the name of holiday.

5. What is statutory minimum wage?

6. What is diminution of benefits?

7. What is the form of payment for wages?

8. When should the payment of wages be made?

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Entrepreneurial Finance

ISBN: 978-1305968356

6th edition

Authors: J. Chris Leach, Ronald W. Melicher

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Posted Date: Feb 14, 2024 04:09 AM

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1. What is meant by basic salary for the purpose of computing the 13th month pay? 2....

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Here are the answers to your questions 1 Basic salary The basic salary is the fixed amount of compensation that an employee receives for performing th... View the full answer

Entrepreneurial Finance

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