In the middle of the year, formal workers receive the first installment of the Complementary Annual Salary (SAC), popularly known as bonus. This labor right establishes the payment of an extra annual salary, paid in two parts (one now in June and the next in December). When do teachers in Buenos Aires receive their bonus?
Teachers receive this amount – half of the highest remuneration received in the first semester of the year – on certain dates according to their hiring. The collection of the teaching bonus also depends on the district in which the worker works..
Both public and private sector teachers receive payment from the SAC on two occasions, and one of them will occur in the coming days.
According to the Labor Contract Law, the SAC is one twelfth of the total remuneration received by the worker in the calendar year. Each “half bonus” corresponds to 50% of the highest monthly remuneration received by the employee, retiree or pensioner within each of the semesters.
The payment of the first half bonus of the year is paid, as a maximum, on the last working day of June, which this year is the Friday June 28. However, this period can be extended up to four business days, that is, until the Thursday 4th of July.
Although there was no official confirmation on the payment schedule, it was learned that teachers In the City of Buenos Aires they could receive the first part of the bonus on July 1while the teachers of the province of Buenos Aires would receive it on July 4that is, the deadline to be paid.
How to calculate the half bonus for June 2024
To calculate the June SAC, public and private sector employees must consider the higher remuneration received in the first half of the year (January to June) for all reasons, including basic salary, overtime and any other extra that has been paid. Then divide it by 12 already that result it is multiplied the amount of months worked.
In cases where the workers have not exceeded one year of seniority, the SAC is calculated according to the months worked, using either of these two formulas:
- Divide the best salary in half, divide that amount again by six and multiply the result by the months worked.
- Multiply the months worked by half of the best monthly salary and, to that result, divide it by six.
Because the payment of the half bonus is proportional At the time that the employee worked for a semester, those who had not worked the entire period must add the overtime or commissions to the amount of the salary of the month in which they were paid, in order to calculate the higher monthly remuneration accrued for all concepts.
