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    Hiring: in Colombia

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    Luz Jeimy Gomez
    Hiring in Colombia requires formalizing a work contract that guarantees rights for both the worker and company. There are fixed-term, indefinite-term, work-by-work, and occasional contracts. The standard workday is 8 hours with a 48 hour workweek; Sunday and holiday work pays 75% more. Vacation time is 15 business days. The legal minimum wage is 828,116 COP. Benefits include unemployment, severance, bonuses, and transportation assistance, with parafiscal contributions required except for very low earners.

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    Hiring: in Colombia

    Uploaded by

    Luz Jeimy Gomez
    8 views6 pages
    Hiring in Colombia requires formalizing a work contract that guarantees rights for both the worker and company. There are fixed-term, indefinite-term, work-by-work, and occasional contracts. The standard workday is 8 hours with a 48 hour workweek; Sunday and holiday work pays 75% more. Vacation time is 15 business days. The legal minimum wage is 828,116 COP. Benefits include unemployment, severance, bonuses, and transportation assistance, with parafiscal contributions required except for very low earners.

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    HIRING

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    Hiring in Colombia requires formalizing a work contract that guarantees rights for both the worker and company. There are fixed-term, indefinite-term, work-by-work, and occasional contracts. The standard workday is 8 hours with a 48 hour workweek; Sunday and holiday work pays 75% more. Vacation time is 15 business days. The legal minimum wage is 828,116 COP. Benefits include unemployment, severance, bonuses, and transportation assistance, with parafiscal contributions required except for very low earners.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    8 views6 pages

    Hiring: in Colombia

    Uploaded by

    Luz Jeimy Gomez
    Hiring in Colombia requires formalizing a work contract that guarantees rights for both the worker and company. There are fixed-term, indefinite-term, work-by-work, and occasional contracts. The standard workday is 8 hours with a 48 hour workweek; Sunday and holiday work pays 75% more. Vacation time is 15 business days. The legal minimum wage is 828,116 COP. Benefits include unemployment, severance, bonuses, and transportation assistance, with parafiscal contributions required except for very low earners.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 6

    HIRING

    In Colombia
    Definition:

    • It is to formalize in accordance
    with the law the future working
    relationship to guarantee the
    interests, rights, both of the
    worker and the company.
    CONTRACT TYPES IN COLOMBIA

    • fixed term
    • Indefinite term
    • By work or labor
    • Occasional, accidental or transitory contract
    WORKDAY
    • 48 hour a week, 8 hours a day
    • According to the law 1846 of 2017 the day can be day (from
    6:00 a.m. to 8:59 p.m.) or night ( from 9:00 p.m. To 5:59
    a.m.).
    • Sunday work and holidays are remunerated with 75% on the
    ordinary salary according to the hours worked.
    •  Vacations in Colombia are in 15 business days.
    SALARY IN COLOMBIA

    • The Legal Minimum Wage Effective (LMWE), is 828.116 COP.


    • • Ordinary salary: it is the one that remunerates the daily work; it does not include social
    benefits or remuneration.
    • • Integral salary: is the payment granted to employees who perform ordinary and
    extraordinary work, social benefits and more work credits that do not include vacations.
    • • Non-wage payments: it is an agreement between the employee and the employer; does
    not include constitutive salary payments. It is not taken into account for the settlement.
    Nor do they make a basis for the payment of parafiscal contributions.
    OTHER BENEFITS:

    • Social benefits such as unemployment benefits, interest on severance payments, service premium or
    transportation assistance, endowment.
    • Parafiscal contributions to the Colombian Family Welfare Institute, the National Learning Service and the
    Family Compensation Fund. If the worker earns less than ten legal minimum wages in force, there is an
    exoneration of these payments and social security in health.

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