14 Apr 2022 | Edukatips

Here’s How to Calculate THR

Religious Holiday Allowance or THR is given by the company as non-basic salary to their employees. Companies submit the THR payment before the religious holiday ceremony. Despite being submitted every year, there are many who are still trying to find a way to calculate this holiday bonus.

Do you know exactly how to calculate the THR bonus? Some companies may have their own way of calculations. However, generally, a special calculation is to be made for employees who have yet to work for 1 full year.

How to Calculate THR According to Working Period

While not yet fully working for 1 year, employees are entitled to the THR bonus. You can get the THR payment like other employees who have worked for years. However, the THR payment is proportional to how long the employee has worked in the company and his/her salary with details as follows:

  1. Employees who have worked for the company 1 year (12 months) or more are eligible to receive THR in the amount of one-time salary.
  2. Employees who have worked for a company for at least a month up to less than a year are eligible to receive THR that is proportional to how long they have worked for the company. The following is the calculation for employees with less than 12 months of service:
    (months of service x monthly salary): 12 months
  3. Monthly salary is obtained from basic salary and fixed allowances. If daily allowances such as meal allowance cannot be included in the calculation of basic salary for THR.


    Mira has worked for a company for 4 months. Every month, Mira earns a monthly salary of Rp5 million (basic salary Rp4,500,000 + fixed allowance of Rp500,000).

    So, the calculation is: (4 months x 5 million): 12 = Rp1,666,000

Tips for Managing THR Bonus

To stop spending all your THR at once, there are things you need to know how to properly manage your THR bonus so you set aside some amount for savings or even an investment. Here are some tips on managing THR bonus that you can apply.

  1. Make an Allocation Plan
  2. It is important to determine the allocation of the THR bonus to prevent wasting money on things that you don’t really need. For example, the funds can be allocated into budget spending for Eid essentials, savings, zakat, and investment.  Use the Lifestyle feature on BCA mobile for Daily Shopping or Pay Zakat.

    It is advised to devise an allocation plan prior to receiving the THR bonus. So, when the bonus is received, you can spend it according to plan.

  3. Setting Money Aside for Savings
  4. It is also important to determine how much money that goes into savings. For example, setting aside 30% of the THR bonus for savings and the rest can be used for other needs.

  5. Buy Only What We Need
  6. To avoid overspending your THR bonus, make sure to control impulsive buys on things that are not necessary. You can actually use the money to realize your long-waited dreams.

    For example, you can buy fashion items from THR that has been specifically allocated for shopping. As for Ramadan buys, you can enjoy various Ramadan discounts such as those of BCA that you can check here.

  7. Allocating THR for Mudik
  8. Mudik or homecoming requires a lot of money, especially if you’re going back to your hometown with families. No wonder that you set aside some of your THR bonus for accommodation during homecoming such as hotels, transportation, and meals. To pay for accommodation during your homecoming trip, you can use the QRIS feature on BCA mobile. For more information about the QRIS feature, please click here.

  9. Setting Aside for Eidiyah
  10. Once you get the THR bonus, don’t forget to spread some cash gifts known as Eidiyah. Sharing eidiyah with family, relatives, and friends can also be done through the BagiBagi on BCA mobile. You can set the amount you wish to send on Eid celebration. For more information about BagiBagi, click here.

Now that you know the tips, you can manage your THR better, be it for shopping or investments. Now, you can save some of your THR bonus for future savings.