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Oct 30, 2024 · ** The Christmas Bonus will only be paid to you if you have been getting an eligible payment for at least 12 months. Christmas and New Year opening hours All department offices, including Intreo Centres and Branch Offices, will be closed on 25 and 26 December 2024 and 1 January 2025. Rico Labor Reform of 2017 (“Law No. 4”), employers must pay a Christmas bonus to each employee who has worked for the company at least 700 hours or more within the 12 months between October 1 of 2023 and September 30 of 2024. This bonus is based on a percentage of the first $10,000.00 earned by the employee during the mentioned period. Aug 30, 2023 · A company’s policy about Christmas bonuses is typically laid out in the employee handbook and company policies. Policies may stipulate that Christmas bonuses are issued under certain circumstances, like when the employee has met specified targets or when the company has performed exceptionally well during the year. Nov 23, 2024 · Shona McMahon stared a petition outlining her reasoning as to why the Christmas Bonus's payment rate should be bolstered. She explained: "Christmas is the most expensive time of the year. "Pensioners, the vulnerable and people like myself, disabled, could do with an extra boost at this time of year, especially as the energy assistance has been ... Dec 10, 2024 · Holiday bonuses are recurring financial bonuses that employers usually apply to employee pay in late December. Often, your employment contract outlines a bonus and your salary. You can receive holiday bonuses through multiple different methods, including an individual check, additions to your standard paycheck or pretaxed gift cards. Oct 1, 2024 · The October bonus will be paid on the same basis as the Christmas bonus in December. If you are getting a primary weekly payment, (these are all of the main payments from the Department of Social Protection), you will get a 100% increase in your weekly rate of payment. Oct 1, 2024 · If the payment operates the same as Budget 2024's double week, which was paid in January, the same groups who are eligible for the Christmas bonus will get the October double week. These are: Back to Education Allowance - people coming from jobseeker's payments need to be getting the Allowance for at least 12 months (312 days), but you may be ... Oct 7, 2024 · October and Christmas Bonus. The October and Christmas Bonus is paid to those receiving long-term social welfare payments, providing a crucial financial lifeline to individuals and families during a particularly challenging economic period. This year, it is being extended to those who have been receiving Illness Benefit for at least 12 months ... Sep 23, 2024 · Thousands of people are expected to receive a bonus social welfare payment in October. It comes as two lump sum payments are reported to be a part of Budget 2025, one in December called the Christmas bonus and one to be paid in the immediate aftermath of the budget in October, which will be announced on Tuesday, 1 October.

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