Layoffs: how and for what could you withdraw your layoffs? | my finances
At the end of January, according to the Law, Colombian companies are obliged to pay their formal workers severance payments, which correspond to one month's salary for each year of service provided. (Requirements for withdrawal of layoffs for home purchase or improvements). Likewise, the interests of the same must be consigned to the account of each worker, which is why the employees will receive more money in the payroll of the first month of the year.Nevertheless, Although the companies pay the layoffs every year, they cannot be used directly by the workersbut they go to the fund to which they…
