`That rule must be interpreted as meaning that the duration of the suspension of the employment contract can be inferred only in the cases referred to above; Settlement of holidays, departures and old-age pensions, which are work payments caused by services provided in a real and efficient manner. Therefore, the timing of the suspension in other events not provided for by law, such as the recognition of the service premium, is not actually updated” Martina would receive a payment for the service premium of $650,000 The law sets maximum deadlines for the payment of the service premium, but if the employer does not pay it under these conditions, no consequences or sanctions have been envisaged for such conduct. The service bonus is paid to any employee who is bound by and entitled to an employment contract regardless of the duration of the contract, and no employee is excluded from it. We hope that with this article you will be able to carry out the process of invoicing and paying the bonus to your employees, we will find ourselves in a future article. The bonus will be granted up to 30±. December charged, but if the employee works until December 20, the payment is proportional. To give him an example, the days worked during the semester are taken into account. Assuming you haven`t completed the semester, your payment is: The bonus is equivalent to 30 days of salary per year±: in June they pay 15, and in December they cancel the other 15. However, if the employee has not been present throughout the semester, the payment must be proportional to the hours worked (daily, weekly, biweekly). Finally, under these premises. Should the payment then be less than the normal work month (with the exception of the transport subsidy), as well as the premium as it should be? In addition, the Labour Code does not prohibit the payment of the service premium before the scheduled dates, and it can therefore be assumed that these data represent only the last periods granted to the employer to cancel the benefit. “Semi-annual premium: This is the first payment of the service premium and is made on June 30 of each year.
Employment bonuses are those paid to a related employee in the context of an employment relationship, i.e. an employment contract, and may be those that the law considers to be a service bonus in the private sector or Christmas and holiday bonuses in the public sector. Since the service premium must be paid in two instalments, the corresponding invoice is issued every six months. The law sets the maximum day on which the payment of the service premium must be paid, but the employer may choose to pay it before that date or monthly in the appropriate proportion, provided that he pays the monthly pension, as this does not violate either a legal prohibition or the interests of the employee. In Colombia, the service bonus must be paid to employees 2 times a year. Assuming one in 2 employees is. Entering in January 2021 with a base salary of $1,500,000, he is expected to receive a bonus of $750,000 for all year-end paper in June and receive the remaining $750,000 by December 20, 2021. That is, if you earn the minimum wage, which so far is one million pesos, you need to multiply this amount by 180 days, and then divide it into 360 days. Overall, the premium for the first half of the year would be $500,000.
This point is one of the most important, as it is common for contractors not to know how much they should liquidate an employee who may have started their contract in mid-May or mid-August. Therefore, the best way to address this problem is to know how the service premium is calculated. Mavita, the service premium expires 3 years after the cause. For example, at the time of writing this response (July 2020), the December 2017 premium, which should have been paid no later than December 20 of that year, expired on December 20, 2020, since at that time the 3 years were filled and so on with the other premiums. Sincerely: Ernesto Piedrahita. Lawyer in labour law. Tel.: 313-8830983. Advice on the settlement of social benefits and accidents at work. Note: I answer a maximum of two questions free of charge, whether I ask myself at my e-mail address or by phone at my mobile phone number. In order to calculate the service premium, the days not worked are discounted due to the suspension of the employment contract, which cannot be influenced by the average of the basic salary, so this average must be determined on the basis of the time actually worked, which in this case is 5 months. Hello my name is areliz I have a doubt if you sign a new contract in February and the good thing is to renew in May, my question is how much is the bonus of these 5 months, if my salary is 1200000 monthly The bonus is calculated taking into account the days on which the employee worked during the first half of the year.