Your domestic staff will expect a Christmas Bonus or Aguinaldo before December 20th of each year. How do you calculate that, you ask? You can download this spreadsheet, input the required information in the blue boxes and voila! It will auto-calculate an estimate for you.
We highly recommend that your staff sign to acknowledge payment for each year, as you may be held accountable for past years at the time of severance.
It’s a good idea to talk to a local accountant, they will have all the information necessary and can help you do things correctly.