HR & Labor
January 01: New Years Day
February 12: Carnival
February 13: Carnival/Shrove Tuesday
March 24: Truth and Justice Memorial Day
March 30: Good Friday
April 02: Day of the Veterans (Malinas Day)
May 01: Labor Day
May 25: May Revolution Day
June 20: National Flag Day
July 09: Independence Day
August 20: San Martin Day
October 15: Day of Respect for Cultural Diversity
November 19: National Sovereignty Day
December 08: Immaculate Conception Day
December 25: Christmas Day
** The following are federal non-working national or religious holidays, during which people of the following faiths are excused from work:
April 11,12,17 &18: Passover (Judaism)
April 13: Holy Thursday ( Catholicism)
April 24: Day of Action for Tolerance and Respect among Peoples (Armenians)
June 25: Festival of Breaking of the Fast of the Holy Month of Ramadan (Islam, Eid al-Fitr)
September 01: Festival of Sacrifice (Islam, Eid al Adha)
September 21 & 22: Jewish New Year (Judaism, Rosh Hashana)
September 30: Day of Atonement (Judism, Yom Kippur)
October 02: Islamic New Year (Islam).
Monthly minimum wage is 6060 ARS, paid 13 times a year.
Employers contribute either 10.17% or 12.71%
Employee contributes 11% with a salary ceiling of ARS 48,598.08 per month.
Severance pay is one month of regular wages per each year that the employee worked in the company.
If appropriate notice was not given, additional payments will be provided. For 3 months or less of employment - 0.5 months salary, for 3 months up to 3 years - 1 months salary, and for over 3 years - 2 months salary.
The first three months of employment are considered the probation period, during which the contract may be terminated by either part at any time. This can be extended up to six months.
Employment contracts can be suspended on various grounds such as as employees illness, maternity, holding of public office or of trade union office and military service.
Additionally, suspension can be due to lack of work because of less demand, or disciplinary reasons in which case the suspension cannot be for more than thirty days within a twelve month period.
Written notice given 15 days in advance.
Employer must give the employee 15 days notice for less then three months employed, one month notice if they have been in the company for less than five years and two months’ notice if more than five years. Employer can also offer a payment instead of these notices.
If the employee has worked in the company for less than 5 consecutive years, they receive 3 months paid sick leave. An employee working more than 5 consecutive years receive 6 months of paid leave.
Employees who have worked in the company for between 6 months to 5 years are entitled to 14 days of vacation time, 5 - 10 years of employment entitles workers to 21 days, 10-20 years of employment entitles workers to 28 days, and for over 20 years of employment workers are entitled to 35 days leave.
*Salary during vacation is increased by 20% of its regular value.
Additional Employee Taxes and Withholdings
1. Pensioner’s Health Care Fund- Employer contributes 1.5% or 1.62%.
2. Family Allowance Fund - Employer contributes 4.4% or 5.56%
3. Unemployment Fund - Employer contributes 0.89% or 1.11%.
4. Medical Care - Employer contributes 6%.
5. Ingresos Brutos - Employer contributes 4%.
1. Pensioner’s Health Care Fund - Employees contribute 3% with a salary ceiling of ARS 48,598.08 per month.
2. Family Allowance Fund - Employees contribute 0%.
3. Unemployment Fund - Employees contribute 0%.
4. Medical Care - Employees contribute 3%.
VAT is 21% standard rate.