Investments and Business

Service premium: Do pensioners also receive the June premium?  – Personal Finance – Economics

Service premium: Do pensioners also receive the June premium? – Personal Finance – Economics

Until the 30th of this month, companies have a term to pay their employees the June cousin. That money is expected by workers to invest in buying a home or vehicle, spending vacations, paying debts or treating themselves. In Colombia, do pensioners also receive a premium in the middle of the year? We tell you. (You can read in context: Mid-year bonus: when will you pay it and how much will employees receive by law?It should be remembered that the service premium is a social benefit equivalent to one month's salary, which is paid in the middle of the year,…
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How much money can you save with just the minimum wage?  – Personal Finance – Economics

How much money can you save with just the minimum wage? – Personal Finance – Economics

Sometimes when it comes to saving and having healthy financial habits, people may believe that it is a difficult task, because money is not enough to cover all daily needs. This year the amount of the minimum wage was $1,160,000 pesos, with a transportation aid of $140,606 pesos, as agreed at the labor agreement table, in which the workers' union and the national government participated.(Receive on your WhatsApp, free, the latest news from EL TIEMPO).This figure is sometimes not enough to cover all the expenses of the month; however, there are some significant savings tricks you can put into practice…
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Labor reduction in Colombia: how will it affect the productivity of companies?  – Companies – Economy

Labor reduction in Colombia: how will it affect the productivity of companies? – Companies – Economy

In Colombia, the reduction in working hours It is an issue that has gained great relevance in the economic context of the current Government. Through Law 2102 of 2021 will progressively decrease from 48 to 42 hours per week.The implementation of this Law aims to "reduce the weekly working hours gradually, without reducing the salary or affecting the acquired rights and guarantees of the workers." Receive instantly on your WhatsApp, for free, all the Trending, curious, funny and incredible news from EL TIEMPOnext Saturday July 15, 2023 the operation will come into force, reduce one hour of workwhereby employees will…
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Delinquent administration fee: Consequences and solutions – Personal Finance – Economy

Delinquent administration fee: Consequences and solutions – Personal Finance – Economy

Hanging in the payment of a debt is a problem for the default interest that must be paid and for the legal charges that may be involved. Debts in joint ownership are no exception. (You can read: Mid-year bonus: how much should you get? Use this calculator)Law 675 of 2001 establishes the norms that govern horizontal properties in Colombia. This law establishes that "every owner of a private property subject to the horizontal property regime (including the initial owner), must contribute to the payment of common expenses caused by the administration and the provision of the essential common services required…
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