Argentina Payroll and Benefits Benchmark guide

10.17% or 12.71% - Integrated Pension System (SIPA)
6% - Payment of Social Work
1.50% - National Institute of Retirees and Pensioners (INSSJP)
3.00% - Health Care
4.44% - Family Allowance Subsystem
0.89% - National Employment Fund

11% - Integrated Pension System (SIPA)
3% - Payment of Social Work
3% - National Institute of Retirees and Pensioners (INSSJP)
0% - Until 33,039
9% - 33,039 - 66,079
12% - 66,079 - 99,119
15% - 99,119 - 132,159
19% - 32,159 - 198,238
23% - 98,238 - 264,318
27% - 264,318 - 396,477
31% - 396,477 - 528,636
35% - 528,636 and Over

11,900 ARS

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.

If an employee has worked in the company for less than 5 consecutive years, they are entitled to 3 months paid sick leave. An employee working more than 5 consecutive years is entitled to 6 months of paid leave.

90 days, either 30 days before birth and 60 days after, or 45 before birth and 45 after.

2 days after Child's birth

- Marriage: 10 days
- Death of a relative: 3 days
- For Examination for university or secondary school: 2 days at a time (with cap of 10).

Regular full time employees work 48 hour per week (8 hours a day). Overtime must be paid at 150% for overtime Monday- Saturday at 1pm, for all overtime hours between then and Sunday payment must be 200%.

21% rate

Salaries are commonly paid on a monthly basis; payment must be within the first 4 days of the following month.

Employers contribute 10.17% or 12.71%. Employee contributes 11% with a salary ceiling of ARS 48,598.08 per month.

Social insurance includes contributions to the Integrated Pension System (SIPA), Payment of Social Work, The National Institute of Retirees and Pensioners (INSSJP), Health Care, Family Allowance and Subsytem, and The National Employment Fund. Employers contribute a total of 26% or 28% of their employees payroll, and employees contribute 17% of their earnings.

Employers can terminate workers on grounds of worker misconduct, or economic grounds. If without cause, employers must provide notice of: 15 days for employees of less then 3 months, 1 month for employees of up to 5 years, and 2 months for employees of more than 5 years. Severance pay can be provided in lou of notice.

Written notice 15 days in advance.

Severance pay is one month of regular wages per each year employed in a 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 - 5 years: 1 months salary, and for over 5 years: 2 months salary.