Statutory Bonus & Weekly Allowance Entitlement  [2007 to 2013] - FAQ

All Full-Time and Part-Time employees in Malta are entitled to a taxable statutory Bonus which is included with the salary four times a year. 

Part-Time employees are entitled to pro-rata bonuses.  These rules apply also to Part-Time employees who have a full-time employment elsewhere.

There are two types of “Bonuses” payable during the year known as “Statutory Bonus” and “Weekly Allowance” and these are paid in four installments as follows:

Statutory Bonus
- January - June payable by end of June
- July - December payable by the 23rd December

Weekly Allowance
- October to March payable by end of March
- April to September payable by end of September

Those Full-Time employees who terminate their employment are entitled to a pro-rata Bonus on termination calculated as follows:
- Weekly allowance - €0.74 per calendar day including Saturdays and Sundays
- Statutory Bonus - €4.66 per working week or portion thereof

 Employment Bonus & Weekly Allowance FAQs - Index

 Full-time employees - National Bonus & Weekly Allowance
     [2007-2013] [Age under 17 years] [Age 17 years] [Age 18 years & over]

 Part-time employees - National Bonus & Weekly Allowance
     [2007-2013] [Age under 17 years] [Age 17 years] [Age 18 years & over]

 Employees’ Bonus & Weekly entitlement in Malta  [2007 to 2013]

Annual bonuses for Full-time Employees

Calculation

Period Entitlement is Payable

Entitlement per week

Payment

Pro-rata on the rate per week for part of a week from October to March

Last working day of
March

€4.66

€121.13

Pro-rata on the number of days in employment from January to June

June

€5.20 circa

€135.10

Pro-rata on the rate per week for part of a week from April to September

Last working day of
September

€4.66

€121.13

Pro-rata on the number of days in employment from July to December

Between 15th & 23rd
December

€5.20 circa

€135.10

Total annual bonus for Full-Time employees in Malta €512.46

Annual bonuses for Part-time Employees

As per S.L. 452.79 as amended by L.N. 140 of 2007 (as of 1st July 2007) part-time employees, whose part-time employment is their principal employment shall be entitled pro rata to statutory bonuses and other income supplements as applicable to full-time employees calculated by establishing the weekly number of hours of work spread over successive 13 week periods using the following formula for the first 13 week period and so on:

Worked hours in Wk1 (commencing 1st Jul.2007) + Worked hours in Wk2....Wk13

13

Provided that, when the employee has not been in part-time employment for a period of thirteen weeks the average weekly number of hours of work shall be calculated over the number of weeks in employment

As of the coming into force of  Legal Notice 140 of 2007 the condition that part-time employees could only benefit from the above bonuses if they worked 20 hours per week or more has been abolished.

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