This November 15th expires the deadline for companies to deposit the Compensation for Time of Service (CTS). Thus, thousands of workers will be able to have extra money that will help the family economy and within the framework of the Christmas 2023 celebrations. If you are on the payroll and if you meet some other requirements, you are entitled to this right, which is also delivered in the month of May.
However, one of the most frequent doubts among citizens is whether workers who work part-time, better known as part-time, will also receive CTS. How do I know if I get this deposit and how can it be calculated? Keep reading to find out all the details.
CTS for part time 2023: do they receive the benefit?
According to the National Superintendency of Labor Supervision (Sunafil), people who work less than four hours do not qualify to receive the CTS deposit in November. That is why, if you are employed part-time or part-time, and you have a shorter working day than stipulated, you will not get this money.
When do they pay the CTS for November 2023?
As we indicated above, the deadline for your company to deposit the CTS is until the 15th of the aforementioned month.
Which people do not have to pay CTS in November?
Meanwhile, microbusiness workers who are hired after the company registered with Remype are not entitled to the CTS, as well as those who receive 30% or more of the amount of rates paid by the public for services. Along the same lines, personnel under the agrarian labor regime who chose to collect their CTS along with their remuneration (Law 30110 and DS 005-2021-Minagri) do not have access to it either.
CTS calculator: how do I know how much I am entitled to?
Below we show you a basic calculation of how much you could receive in Compensation for Time of Service if you earn the minimum wage:
- Remuneration to be considered: S/1,025
- 1/6 bonus: S/170.83
- Service time: 6 months.
Use the La República calculator to find out what approximately corresponds to you. To do this, you must have the data requested by the platform:
Source: Larepublica
Alia is a professional author and journalist, working at 247 news agency. She writes on various topics from economy news to general interest pieces, providing readers with relevant and informative content. With years of experience, she brings a unique perspective and in-depth analysis to her work.
