Employee Endowments
Endowments are social provisions which consist in handing out clothes and shoes to the employees for them to perform their jobs.
These endowments are not considered salary and are not included as a factor of salary in any way.
To be entitled to endowments, an employee must:
| • | Be permanently employed, by means of an employment contract; |
| • | Have at least 3 months of uninterrupted service; |
| • | Earn monthly salary of less than 2 minimum wages for the current year. |
It is delivered on:
| • | April 30th |
| • | August 31st |
| • | December 20th of every year. |
It cannot be given to the employees in cash.
According to this interpretation, the law considers all values earned by the employee as salary. Thus, every four months, the company must calculate the employee's average earnings for the period in order to determine it is less than two minimum wages.
See also:
| • | Duration |
| • | Salaries |