Any employer who employs one or more workers or employees within the period of twelve (12) months comprised from October first of any natural year until September 30th of the subsequent natural year shall be bound to grant to each one of said employees, who have worked seven hundred (700) hours or more or one hundred (100) hours or more in the case of dock workers, within the period set forth, a bonus equal to 3% of the total wage up to maximum of ten thousand dollars ($10,000) for the bonus to be granted in 2006, to 4.5% of the total wage up to a maximum of ten thousand dollars ($10,000) for the bonus to be granted in 2007, to 6% of the total wage up to a maximum of ten thousand dollars ($10,000) for the bonus to be granted in 2008, earned by the employee or worker within said period of time. It is hereby provided that every employer who employs fifteen (15) workers or less shall grant a bonus equal to 2.5% of the total wage up to maximum of ten thousand dollars ($10,000) for the bonus to be granted in 2006, to 2.75% of the total wage up to a maximum of ten thousand dollars ($10,000) for the bonus to be granted in 2007, to 3% of the total wage up to a maximum of ten thousand dollars ($10,000) for the bonus to be granted in 2008. The total of the amounts to be paid by reason of said bonus shall not exceed 15% of the net annual profit of the employer, within the period comprised from September 30th of the preceding year until September 30th of the year to which the bonus corresponds. Provided, however, That on computing the total of the hours worked by an employee to receive the benefits of this chapter, those hours worked for the same employer though the services have been rendered in different businesses, industries and other activities of this employer shall be counted.
This bonus shall constitute compensation in addition to any other wages or benefits of any other nature to which the employee is entitled, but any other bonus of the same nature to which the employee is entitled shall be creditable by virtue of the individual work contract.
History —June 30, 1969, No. 148, p. 550, § 1; June 19, 1970, No. 12, p. 428, § 1; June 25, 1972, No. 27, p. 427, § 1; Sept. 29, 2005, No. 124, § 1.