The most commonly used employment contract in Bolivia is a fixed term contract. Fixed term contracts provide a probationary period of three months.


Salaries are paid on monthly basis on the last day of the month.
Employees are paid a Christmas bonus in December equal to one months salary.

HR & Labor

Working Hours: Full time employment is considered 48 hours per week for men, and 40 hours a week for woman and eight hours a day. Employees working 6 consecutive hours are entitled to one hour of break. Up to two hours of overtime are permitted per day, with compensation of an extra 50%
Working Age: Employers cannot hire an employee below the age of 14 unless they are authorised by the Ombudsman's office for Children and Adolescence


In order to work in Bolivia, employees must have a work visa. The most commonly used visa for employment is a perminant visa either fixed (up to 3


Christmas bonus equal to one months salary paid in December.

Minimum Wage

Minimum wage is 1805 BOB ($259.33 USD) monthly.

Pension Fund

Employers can make voluntary contributions to employees pension plans.

Employees contribute 10% of their wages.

Sick Days

Employees are entitled to 5 days of paid sick leave yearly.

Severance Payments

Employees are entitled to three salaries, plus one salary for every year employed by the company. If employed for less than one year, payments will be a percentage of salary correlating to the percentage of time of the year worked.

Advance Notice

Employee must provide 30 days of notice if on an indefinite contract.

Termination Procedure

Employees on an indefinite contract require notification from the employer 90 days before termination.
Temporary employment contracts terminated after:
1 month = 1 week notice, 3 months = 15 days notice, 1 year = 30 day notice.

Public Holidays

There are 11 public holidays.

Vacation Days

Employees employed between 1-5 years are eligible for 15 vacation days, 5-10 years employed = 20 days, 10+ years employed = 30 days.


VAT is 13% standard rate.

Social Security

Employers are required to pay social security for their employees equal to 16.71% of their salary. This contribution is allocated to housing, professional risk, short-term insurance, and employer solidarity contribution.

Employees are required to pay social security equaling 12.71% of their salary. This contribution is allocated to seniority contribution, common risk, pension fund commission and insurers solidarity contribution.