Go Back   English Forum Switzerland > Help & tips > Employment  
Reply
 
Thread Tools Display Modes
  #1  
Old 10.08.2009, 23:41
Newbie
 
Join Date: Jun 2009
Location: Zürich
Posts: 5
Groaned at 0 Times in 0 Posts
Thanked 0 Times in 0 Posts
eachpeachpearplum has no particular reputation at present
13 month salary. How often used and how calculated?

Can anybody point me to a thread about the 13 month salary often given in Switzerland. I have tried the search function but without success.

I personally don't get the 13 month salary but my employer uses a performance based bonus which generally equates to less than an extra month payment.

I would like to find out how often the 13 month salary is used and how it is calculated. I have heard various explanations!

Thanks!
Reply With Quote
  #2  
Old 10.08.2009, 23:49
Craig's Avatar
Member
 
Join Date: Aug 2006
Location: Zurich
Posts: 109
Groaned at 1 Time in 1 Post
Thanked 50 Times in 28 Posts
Craig has no particular reputation at present
Re: 13 month salary. How often used and how calculated?

I used to get 13th month salary but not any longer. It's quite simple your salary is divided into 13 instead of 12 and you get double salary in December. It's not a bonus however some unscruplous employers try to pretend it is. The explanation I heard most often is that it's supposed to pay your tax bill.

Do you have a specific question?
Reply With Quote
  #3  
Old 11.08.2009, 00:10
Newbie
 
Join Date: Jun 2009
Location: Zürich
Posts: 5
Groaned at 0 Times in 0 Posts
Thanked 0 Times in 0 Posts
eachpeachpearplum has no particular reputation at present
Re: 13 month salary. How often used and how calculated?

Well my partner's salary is split into 12 then in June he gets half a month bonus on top of the normal wage and in December the other half.

My salary is split into 12 and my boss told me we don't have a 13 month salary but a "bonus" which could equate to an extra month salary.

Then ,as you say some people just get their yearly salary split into 13 rather than 12, but still get the same in the end.

I just wondered what the norm was.
Reply With Quote
  #4  
Old 11.08.2009, 00:35
Junior Member
 
Join Date: Apr 2008
Location: kusnacht
Posts: 47
Groaned at 0 Times in 0 Posts
Thanked 7 Times in 5 Posts
lewinp has no particular reputation at present
Re: 13 month salary. How often used and how calculated?

My company does 13 months with the extra in December, I find it handy since so many bills come due right at the start of the year - insurance, rail pass, etc. not to mention that post-Christmas credit card bill!
Reply With Quote
  #5  
Old 11.08.2009, 10:28
NatsBrit's Avatar
Forum Veteran
 
Join Date: Apr 2007
Location: Lausanne / Weybridge UK
Posts: 502
Groaned at 10 Times in 5 Posts
Thanked 241 Times in 166 Posts
NatsBrit is considered knowledgeableNatsBrit is considered knowledgeableNatsBrit is considered knowledgeable
Re: 13 month salary. How often used and how calculated?

For us, when joining we negotiate an annual salary, paid in 13 instalments. The 13th payment is made together with the 12th and is guaranteed. Bonuses, when given are a 14th payment and are NOT guaranteed.

One explanation I've head for the the 13 payments is that historically salaries were paid every 4 weeks rather than at the end of each month. There are 52 weeks in a year which if divided by 13 makes 4 whereas divided by 12 makes 4.3333.
Reply With Quote
This user would like to thank NatsBrit for this useful post:
  #6  
Old 11.08.2009, 11:29
Forum Legend
 
Join Date: Aug 2009
Location: Vaud
Posts: 4,552
Groaned at 492 Times in 321 Posts
Thanked 4,099 Times in 1,952 Posts
CorsebouTheReturn has a reputation beyond reputeCorsebouTheReturn has a reputation beyond reputeCorsebouTheReturn has a reputation beyond reputeCorsebouTheReturn has a reputation beyond reputeCorsebouTheReturn has a reputation beyond reputeCorsebouTheReturn has a reputation beyond repute
Re: 13 month salary. How often used and how calculated?

Quote:
View Post
For us, when joining we negotiate an annual salary, paid in 13 instalments. The 13th payment is made together with the 12th and is guaranteed. Bonuses, when given are a 14th payment and are NOT guaranteed.

One explanation I've head for the the 13 payments is that historically salaries were paid every 4 weeks rather than at the end of each month. There are 52 weeks in a year which if divided by 13 makes 4 whereas divided by 12 makes 4.3333.
ha so for the 13th months salary it's a bit of a scam then?
I mean if you negociate for example 100 000chf annual, you wont get:

100 000/12= 8333.33 chf per months but: 100 000/13= 7692.30...?
Kind of...

I mean you will still get 100 000th at the end as opposed to a "13th month" adding 8333chf, like total 108 333chf...
Reply With Quote
  #7  
Old 12.08.2009, 20:14
Nathu's Avatar
Forum Legend
 
Join Date: Apr 2007
Location: Zürich
Posts: 4,674
Groaned at 18 Times in 16 Posts
Thanked 2,208 Times in 1,248 Posts
Nathu has a reputation beyond reputeNathu has a reputation beyond reputeNathu has a reputation beyond reputeNathu has a reputation beyond reputeNathu has a reputation beyond reputeNathu has a reputation beyond repute
Re: 13 month salary. How often used and how calculated?

Have a look at these threads:

13th month salary, How it works?
13th month
Reply With Quote
  #8  
Old 12.08.2009, 21:49
kodokan's Avatar
Forum Veteran
 
Join Date: Jan 2008
Location: Phoenix AZ, USA
Posts: 1,299
Groaned at 1 Time in 1 Post
Thanked 930 Times in 460 Posts
kodokan has a reputation beyond reputekodokan has a reputation beyond reputekodokan has a reputation beyond reputekodokan has a reputation beyond reputekodokan has a reputation beyond repute
Re: 13 month salary. How often used and how calculated?

I love the 13 months salary system. Seems to me that whatever money comes in each month is what you live to, and we're on PAYE for tax, so when Bumper December comes the spare goes straight into 3rd pillar pension and other savings without us feeling that we have to scrimp in order to save.

And like others have said, it's just the annual salary divided by 13, with 2 lumps paid in December (in our case).

kodokan
Reply With Quote
Reply

Tags
13 month, employer, salary, thirteen




Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
13th month salary, How it works? johnywalker Employment 4 31.08.2008 14:51
Termination - 13th month salary Sassy Employment 6 23.07.2008 15:17
how is the valeur de rendement calculated for a house? john_semour Housing in general 4 11.03.2008 13:21
Under 25 or Above 25 - How is it calculated? wildboar Insurance 5 28.01.2008 18:06
Salary raise next month. How much? Juan Sanchez Villalobos Employment 4 25.07.2007 00:07


All times are GMT +2. The time now is 03:38.


Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2021, Jelsoft Enterprises Ltd.
LinkBacks Enabled by vBSEO 3.1.0