Bi-weekly/monthly
20.52% - 26.96%
19%
Employers must pay employees for their first two days of sick leave, at a rate equal to 2/3rds of their regular salary. After the first two days, all employee payments for sick leave are reimbursed by social security.
Paid maternity leave is set at 18 weeks and 100% of salary. Payments are made by the employer, who is then reimbursed by social security.
Paid paternity leave is set at 8 days and 100% of salary. Payments are made by the employer, who is then reimbursed by social security.
Colombian labor laws stipulate the termination process and require employees to provide sufficient cause in cases of dismissal without notice. Notices of termination must be made in writing and also sent to the relevant government departments.
Notice periods are determined by how frequently an employee is paid and their length of service. Employees paid weekly require eight days' notice. Employees paid less frequently than weekly, or who have over one years' service, require 30 days' notice (plus three extra days per year of service, up to a maximum of 90 days).
When mandatory severance pay is applicable, the amount to be paid depends on the employee's length of service and salary. Employees earning under ten times the minimum monthly wage are entitled to 30 days' pay for their first year of employment and 20 days for each extra year. Employees earning over that threshold are entitled to 20 days' pay for their first year of employment and 15 days for each extra year.
The typical duration of a probationary period in Colombia is two months.
Bi-weekly/monthly
20.52% - 26.96%
19%
Employers must pay employees for their first two days of sick leave, at a rate equal to 2/3rds of their regular salary. After the first two days, all employee payments for sick leave are reimbursed by social security.
Paid maternity leave is set at 18 weeks and 100% of salary. Payments are made by the employer, who is then reimbursed by social security.
Paid paternity leave is set at 8 days and 100% of salary. Payments are made by the employer, who is then reimbursed by social security.
Colombian labor laws stipulate the termination process and require employees to provide sufficient cause in cases of dismissal without notice. Notices of termination must be made in writing and also sent to the relevant government departments.
Notice periods are determined by how frequently an employee is paid and their length of service. Employees paid weekly require eight days' notice. Employees paid less frequently than weekly, or who have over one years' service, require 30 days' notice (plus three extra days per year of service, up to a maximum of 90 days).
When mandatory severance pay is applicable, the amount to be paid depends on the employee's length of service and salary. Employees earning under ten times the minimum monthly wage are entitled to 30 days' pay for their first year of employment and 20 days for each extra year. Employees earning over that threshold are entitled to 20 days' pay for their first year of employment and 15 days for each extra year.
The typical duration of a probationary period in Colombia is two months.