If I resign, do I also receive the fourteenth salary in Ecuador?
Workers in Ecuador are eager for additional yearly bonuses, specifically the thirteenth and fourteenth salaries, which are distributed at different times throughout the year.
In Ecuador, workers look forward to receiving their additional salaries, known as the thirteenth and fourteenth salaries, which are crucial for alleviating financial burdens. The bonus system entails that workers receive the thirteenth salary, which totals one-twelfth of their annual earnings, paid by December, and the fourteenth salary, a basic salary amounting to $482, given at different times based on regional regulations.
The fourteenth salary was established in 1968 as a financial support mechanism, primarily aimed at helping workers cope with the expenses associated with the beginning of the academic year. Unlike the thirteenth salary that is paid uniformly across the country by the end of the year, the fourteenth salary is subject to variability and is contingent upon geographical regions, which adds to the complexity of the payments.
Employers operating in the Litoral and Amazon regions, for example, have until March 15 to disburse the fourteenth salary, which reflects the government's intention to provide timely assistance as families prepare for educational expenses. This implementation highlights the importance of understanding labor rights and the provisions in place for employees regarding salary entitlements, particularly in a country where financial planning is essential for families.