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Employment legislation in Colombia - Legal information about notice periods, severance pay, summary dismissals, grounds for termination and more.
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28 de abr. de 2024 · Severance pay is the compensation and/or benefits an employer provides to an employee after employment is over. Severance packages may include extended benefits,...
21 de oct. de 2019 · La indemnización o liquidación por despido (en inglés, severance pay o severance package) son pagos que se conceden a un empleado al despedir o terminar un contrato de trabajo. No todos los empleados califican para obtener una indemnización, especialmente si eres despedido por faltas o errores tuyos.
13 de jun. de 2024 · Severance. Unilateral termination without cause is lawful but will trigger severance obligations. If the termination is unilateral and without cause, the employee is entitled to receive an indemnification in addition to the final wages. For employees with an indefinite-term agreement, such indemnification would be calculated as follows:
One month’s severance payment for the year they are terminated and salary packs of 20 days for every consequent year (If the employee has worked more than a year). If an employee has been working at a company for more than ten months and has a high wage, then they are entitled to the following:
Porvenir is the largest pension fund manager in Colombia in terms of assets under management (46.5% market share in mandatory pension funds, 48.3% in severance, and 21.1% in voluntary pensions as of December 31, 2023)
6 de may. de 2024 · A severance package is a compensation bundle awarded to an employee upon being laid off from a company. The value of the severance package is usually based on the length of employment prior...
