Minimum 13 SMLV = COP 22,761,765 / ~$6,175. Formula: 10 SMLV (base) + 30% factor prestacional (3 SMLV). All social security on 70% of salary. Vacations apply. No Severance, Annual Bonus, or Interest on Severance.
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Disclaimer — The figures presented here are preliminary estimates intended as a general reference for budgeting purposes only. They reflect standard employer and employee costs under Colombian labor law, including mandatory contributions, social benefits, and applicable service fees. The total monthly cost in USD may vary slightly due to normal exchange rate fluctuations over time. If employees work on local public holidays, the corresponding surcharges will be reflected in payroll. Any bonuses provided to employees will be added to the total monthly cost with no additional fee from Salvatech. A more accurate and detailed cost breakdown, tailored to your specific situation, will be provided upon further engagement with our team. Exchange rate at time of calculation: 1 USD = COP —. This rate is indicative and subject to change.