|Tuesday||Jan-01||New Year's Day|
|Monday||Jan-07||Epiphany Holiday||Banks only|
|Monday||Mar-04||Carnival||Celebrated Monday and Tuesday before Ash Wednesday|
|Tuesday||Mar-05||Carnival||Celebrated Monday and Tuesday before Ash Wednesday|
|Tuesday||Mar-19||St. Joseph's Day||Banks only|
|Monday||Apr-15||Holy Week Holiday|
|Tuesday||Apr-16||Holy Week Holiday|
|Wednesday||Apr-17||Holy Week Holiday|
|Thursday||Apr-18||Maundy Thursday||The Thursday before Easter Sunday|
|Friday||Apr-19||Good Friday||Viernes Santo. Friday before Easter Sunday|
|Friday||Apr-19||Independence Declaration Day|
|Saturday||Apr-27||National Holiday||Leaving the Organization of American States|
|Wednesday||May-01||Labour Day||Día del Trabajador|
|Thursday||May-30||Ascension Day Holiday||Banks only|
|Monday||Jun-24||Corpus Christi Holiday||Banks only|
|Monday||Jun-24||St. John's Day||Also marks the Battle of Carabobo in 1821|
|Saturday||Jun-29||Saint Peter and Saint Paul||Feast of Saints Peter and Paul|
|Friday||Jul-05||Independence Day||Signing of the Venezuelan Declaration of Independence in 1811|
|Wednesday||Jul-24||Simon Bolivar's Birthday||The birthday of Simón Bolívar|
|Saturday||Oct-12||Indigenous Resistance Day||Honors the heroes of the anti-Spanish resistance|
|Friday||Nov-01||All Saints' Day||Día de Todos los Santos|
|Sunday||Dec-08||Immaculate Conception Day||Banks only|
|Tuesday||Dec-31||New Year's Eve|
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Starting at $50 Per Month
Minimum wage is $138 per month.
Employers contribute between 9-11% of employees wages depending on the employee’s position.
Employees contribute 4% of their wages. The contribution ceiling is five times the minimum monthly wages.
Employees are entitled to “seniority pay” of 30 days average wage per each year worked in the company at the time of termination.
There is no official advance notice requirement, it depends on the employment contract and what both parties have agreed on. Employees who have “just cause” can resign without any notice.
Employers cannot dismiss employees without a “just cause” as they are protected by labor stability. After Dismissal, employers have five days to inform the court and justify the dismissal.
Employees are entitled to 12 months of sick leave. The employer is responsible for reimbursing employee’s monthly wages for the first three days of the sick leave. Afterwards the state will reimburse ⅔ of the employee’s salary up to maximum of five times the minimum wage.
*Employees must provide appropriate medical documentation within 48 hours of their absence.
Employees are entitled to 15 paid vacation days, after one year of employment. For each year following, employees receive one additional vacation up to 30 days.
There are 12 public holidays.
1) Unemployment Insurance
2) Housing Policy
3) Training and Education
1) Employer contributes 2% of the employee’s normal salary.
2) Employer contributes 2% of the employee’s total income received.
3) Employer contributes 2% of the employee’s salary.
1) Employees contribute 0.5% of their monthly salaries. Contribution ceiling is ten times the monthly minimum wage.
2) Employees contribute 1% with no contribution ceiling.
3) Employees contribute 0.5% of their profit sharing payment, with no contribution ceiling.
Employers contribute 10% - 12% of employee’s salary on monthly, limited at at VEF 37, 108.4 per month.
Employees contribute 4% on a monthly basis, limited at VEF 37, 108.4 per month.
VAT is 12% standard rate.
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