This salary advance is included in the Workers’ Statute as a right that employees can demand from their company
If you consider that asking for an advance on your salary is a favor that your company does you, you are wrong. This is a right that is included in the Workers’ Statute. This resource is used by many employees when they cannot afford an unexpected expense. The advance becomes the solution to that headache that occurs without warning in the middle of the month.
A car breakdown, a home repair, or any unforeseen event that falls outside your monthly budget can ruin your month. Just as it is regulated that workers have the right to receive extra pay at Christmas and another, normally in summer, when the company and employee agree, advances are considered a right. “The worker and, with his authorization, his legal representatives, will have the right to receive, without the date set for payment arriving, advances on account of the work already done,” says article 29.1 of the Work Statute.
This is how the advance amount is calculated
In these cases, some employees choose to withdraw savings due to the embarrassment of asking them to advance part of their salary. But, without a doubt, if you prefer not to touch the primer or do not have enough money, these extra expenses can be covered with this salary income days before the usual date. Although it is a right, the worker cannot demand the amount that he stipulates. For this reason, many will wonder how much money can be requested in a salary advance. The calculation is simple: you are given the money that corresponds to you for the days worked up to that date in that month. This means that if you ask for the advance payment on the 18th day of admission, the percentage of your salary will be specifically the one that corresponds to you for those 18 days. And the rest of the days that you have left to collect will be paid to you on the date of your ordinary payment.
#money #salary #advance