In July 2024, the bonus is one of the most anticipated social benefits for workers who operate under the general labor regime, whether with indefinite, fixed-term or part-time contracts. This additional amount, established by the Law 27735is awarded at two key times of the year: July and December.
With the arrival of the seventh month of the year, workers await the delivery of this benefit that will complement their usual salary, offering financial relief and the opportunity to plan additional expenses. It is crucial to know the details about the exact disbursement dateas well as the corresponding amounts, to maximize the benefits of this important benefit.
Until when can you deposit the July 2024 bonus?
In 2024, the payment of the first bonus for National Holidays will be made without fail during the month of July, in strict compliance with the provisions of current regulations. According to the provisions of article 5 of Law 27735: “The bonus will be paid in the first fortnight of July”, therefore, there is a deadline to make this deposit, which guarantees that workers receive this bonus in a timely manner. This benefit is not only a way to recognize the effort and dedication of employees, but it also becomes crucial financial support that allows us to face the additional expenses that usually arise during these national celebrations.
July 2024 bonus: who receives this benefit?
- To receive this benefit, the worker must have worked for at least one month in the semester between January 1, 2024 and June 30, 2024.
- If the worker has worked from January to June of this year, he will receive a full salary (without discounts from AFP or ONP), in addition to other remuneration supplements, such as 9% of the Social Health Security (EsSalud) or 6.75% of a Health Provider Entity (EPS).
How can I calculate the bonus?
To calculate the bonus, it is essential to meet certain requirements. According to Law 27735, the worker must have provided services for at least one full month before the month in which the bonus payment is made. Furthermore, it is essential that the employee be working during the first half of July.
In this line, the National Superintendence of Labor Supervision (Sunafil) establishes that, for the bonus to be equivalent to a full monthly remuneration, the worker must have worked the entire semester, from January 1 to June 30. Otherwise, the amount to be received will be proportional, calculated as 1/6 of the monthly remuneration for each month worked within the semester, added to an extraordinary health bonus (EsSalud 9%, EPS 6.75%) and also family allowance.
Likewise, you can access the La República calculator through this link and complete the requested information to find an approximate amount of what you could receive if you are working on a payroll.
How to differentiate bonus and bonus?
Both the bonus and the bonus represent economic benefits intended for workers, but each one is applied in different contexts. The bonus is exclusive to private sector employees who appear on the payroll during the months of July and December, ensuring them a significant additional income in these periods.
In contrast, the bonus is granted to public sector workers and pensioners of the Pension Normalization Office (ONP), who receive an extra amount of S/300.
These benefits not only reward work effort, but also offer additional financial relief at key times of the year, helping to meet holiday expenses and other personal needs.
What is truncated gratification and who gets it?
Upon concluding an employment relationship, any worker who has completed at least one month of service is entitled to receive the truncated bonus. This benefit is calculated proportionally to the calendar months worked from January 2023 until the date of termination, and its purpose is to ensure that the employee receives fair compensation for the period worked.
The remuneration used as the basis for this calculation is that corresponding to the month prior to termination of employment. The truncated bonus, along with other social benefits, must be delivered to the worker within a maximum period of 48 hours after the end of their employment, guaranteeing a more stable and fair economic transition.
Source: Larepublica
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