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	<title>iTK Newsletters &#187; Savings account</title>
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		<title>DO NOT TAKE A 13TH CHEQUE</title>
		<link>http://www.newsletter.mymole.co.za/942/do-not-take-a-13th-cheque</link>
		<comments>http://www.newsletter.mymole.co.za/942/do-not-take-a-13th-cheque#comments</comments>
		<pubDate>Sun, 20 Sep 2009 15:28:31 +0000</pubDate>
		<dc:creator>Ed,</dc:creator>
				<category><![CDATA[Homeloan Series]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[home loan]]></category>
		<category><![CDATA[Investing]]></category>
		<category><![CDATA[Mortgage]]></category>
		<category><![CDATA[Savings account]]></category>

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		<description><![CDATA[A popular practice amongst companies today is to allow staff to decide whether or not they would like a 13th cheque at the end of the year. The staff member can elect to receive his or her annual salary in 12 monthly payments, or reduce the amount paid each month in order to build up a reserve which is paid out as a bonus, or 13th cheque.]]></description>
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