|Tuesday||Jan-01||New Year's Day||Año Nuevo|
|Monday||Jan-07||Epiphany (observed)||Día de los Reyes Magos|
|Tuesday||Mar-19||St. Joseph's Day||Día de San José. Monday after 19 March|
|Friday||Apr-19||Good Friday||Viernes Santo|
|Wednesday||May-01||Labour Day||Primero de Mayo|
|Monday||Jun-03||Ascension Day (observed)||40 days after Easter. Observed on following Monday|
|Monday||Jun-24||Corpus Christi (observed)||second Thursday after Whitsun. Observed on following Monday|
|Monday||Jul-01||Sacred Heart||Sagrado Corazón. Ten weeks and a day after Easter Sunday|
|Monday||Jul-01||Saint Peter and Saint Paul||Monday on or after 29 Jun|
|Saturday||Jul-20||Declaration of Independence||Key events related to Colombia's independence from Spain occurred on 20 July 1810|
|Wednesday||Aug-07||Battle of Boyacá||A key battle in 1819 against the Spanish|
|Thursday||Aug-15||Assumption Day||Assumption of Mary. Monday on or after 15 Aug|
|Monday||Oct-14||Columbus Day||Probable date|
|Monday||Nov-04||All Saints Day (observed)||Monday on or after 1 Nov|
|Monday||Nov-11||Independence of Cartagena||On 11 Nov 1811, Cartagena declared independence from Spain|
|Sunday||Dec-08||Immaculate Conception Day||Inmaculada Concepción|
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The minimum wage is COP781,242 ($273.59) monthly.
Full time employment is considered 48 hours weekly, and 8 hours daily. Hours in one day cannot exceed 10.
Maximum overtime in one week is 12 hours.
The employer contributes 12%. The employee contributes 4%. If the employee’s salary exceeds the minimum wage between 4 to 15 times, they must contribute additional 1% to the pension fund.
Employers contribute 29.5% of workers wages, and employees contribute 8% of salary. Contributions are towards funds for pension, medical plan, and family welfare fund.
Employers must provide the employee with 15 days notice.
The advance notice must be 30 days.
If it’s a fixed contract employee, the employer is responsible for the salary amount remaining until end of the contract. If it’s an ongoing contract, employees receive their severance payments based on how much they make. If an employee’s salary is 10 times the minimum legal wage, they receive 30 days of regular salary if they have worked in the company for a year. For any additional years, they receive 20 days of regular salary. If the employee makes equal to ten times the minimum legal wage, they will receive 20 days of regular salary. Additional 15 days of regular salary per each year they worked in the company.
Employees are entitled to 15 vacation days.
The first two days of absence, the employer pays 66.67% of the regular wage, from 3rd day on, the compensation is paid by General Health Social Security System.
Expecting mothers are entitled to 14 weeks of maternity leave taken 2 weeks before birth and 12 weeks after.
This law confirms that paternity leave (paid) will be equivalent to 8 business days after childbirth.
No statutory regulation.
The payroll frequency and paydays are decided between the employer and employee.
19% standard rate
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