Entry from British & World English dictionary
An annual pay bonus, equal to one month’s salary and paid at the end of the year.
- They said that professors' salaries had just gone up by 10% and the top of the scale earned about N $200 000 a year plus benefits including a thirteenth cheque, pension, medical aid and housing allowance.
- Medical aid and pension is not necessary but a thirteenth cheque at year end would be good.
- At this time of year savings, bonuses and thirteenth cheques play a large role in how people meet the holiday season.
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