Everything you need to know about the service premium

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The payment of the service premium is undoubtedly one of the most anticipated moments of the year and for workers this money is synonymous with opportunities, financial peace of mind and many times the first step to fulfilling a dream. However, and before getting too excited, starting to make plans, or worse, compromising it, it is important to know what the service premium is , who is entitled to it, how to calculate it, some basic recommendations so that that extra income does not becomes pocket money, it is valid to have several alternatives to invest this recognition of your effort well.

What is the service premium? Like liquidation or layoffs, the Iran Telegram Number Data service premium is a social benefit that is obligatory to be paid by the employer. In simple terms, it is money that corresponds to a monthly salary for each year of work. That is, the premium is one, but it is made in two payments, the first must be received no later than June 30 and the second no later than December 20. The service premium cannot be lost under any circumstances, even if the worker was dismissed for just cause, he or she is entitled to it. What is not the premium? Not all premiums are the same, although in an employment relationship they all mean the payment of money by the employer to the worker, this does not imply that they have the same characteristics as the service premium.



It is a benefit that is given to the employee, but does not represent an obligation of the employer. It does not have its origin in any law, it can be in the employment contract, in the collective agreements or in the will of the company. Christmas bonus: It operates as a general rule in the public sector, although in the private sector it can also be given by agreement between the company and the worker. Although it is usually believed that it is the second payment of the service premium, the truth is that this is additional, that is, an employee in the public sector, or private sector if the company decides, can receive the service premium at the end of the year. services and Christmas bonus.