The arrival of July brings with it news that many Peruvian workers have been waiting for: the bonus for Fiestas Patrias. This year, the economic benefit will be even greater, since in addition to the full salary, between a 6.75% to 9% additional, providing significant financial relief. This increase is established within the framework of the Gratification LawBelow we detail who can access this additional bonus and the deadlines to receive it. This benefit will apply to all those who are subject to the labor regime of private activity and have met the established requirements.
July 2024 Bonus: Why will I receive an additional amount?
The gratification for National Holidays This year’s bonus includes between 6.75% and 9% more, in compliance with the Law on Gratifications. This regulation seeks to recognize the efforts of private sector workers, providing an amount that exceeds the usual salary. The main objective is to provide an additional incentive that allows employees to face the challenges holiday expenses with greater economic tranquility in the private sector.
It is worth mentioning that employees under the private labor regime will receive their full salary for bonuses in July. In addition, those workers affiliated with EsSalud will receive an extra 9% on said bonus. On the other hand, according to the Gratifications Law No. 27735, workers affiliated with a private labor regime will receive an extra 9% on said bonus. Health Care Provider Company (EPS) will receive an additional bonus of 6.75%.
Who is entitled to receive a bonus?
Those workers who are under the private sector employment regime are entitled to receive the bonus. This includes both full-time and part-time employees, as long as they have worked at least one month within the semester prior to the July 15thMicro-enterprise workers are also covered by this provision, although the calculation of their bonus may vary.
They remain excluded This benefit is available to workers under training modalities, such as interns, as well as public sector employees. The latter have specific regulations for their bonuses and gratuities, which are not governed by the Law on Gratuities of the private sector.
Until when does my employer have to deposit the bonus?
The maximum deadline for employers to deposit the bonus for National Holidays is July 15th. This compliance is mandatory and must be carried out without fail to avoid possible sanctions. It should be noted that the gratuity is exempt from deductions for contributions to social security, which guarantees that the amount received is fullThis means that the employee will receive the full salary plus an additional 6.75% or 9% without deductions. If the employer does not comply with this obligation, the employee has the right to claim and demand the corresponding payment, thus ensuring that his or her labour rights are respected.
When did bonuses start being given in Peru?
The gratification As an additional economic benefit, it began to be formally implemented with the Gratification Law in the 1990s. This law established the obligation of employers to give workers an additional amount in July and December, coinciding with the Fiestas Patrias and Christmas, respectively. Before this implementation, the delivery of this labor incentive was optional.
Source: Larepublica
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