The integral salary in Colombia is the payment that recognizes the effort of professionals with a high work profile with a monthly amount that includes benefits, surcharges and overtime, night hours, Sundays, holidays, among others, however, the employee does not receive premiums every 6 months and additionally must consign the layoffs on their own. Here we tell you how it works.
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The Substantive Labor Code (CST) determines that by 2023 the full salary in Colombia It cannot be less than 10 monthly minimum wages, plus 30 percent of the benefit factor, so this stays in 15,080,000 Colombian pesos.
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Each of the 3 million beneficiary households will receive 320 thousand pesos, according to Social Prosperity.
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Although it may seem like a large sum, the truth is that among the provisions of the CST, Article 132 explains that The worker who earns this salary must comply with a series of obligations.
“The worker who wishes to take advantage of this stipulation, will receive the final liquidation of his severance pay and other social benefits caused up to that date, without this meaning that his employment contract is terminated.”
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Since this salary is supposed to compensate in advance the social benefits of the company’s trusted collaborator, it is up to him to assume payments for consideration, pay withholding at source, declare income and record layoffs.
In addition, they do not receive the premium payment every six months, but rather the amount is paid monthly and finally, the employees who have this salary do not receive subsidies, explains the CST.
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