Vacation days and severance for unjustified dismissal
- Taxes and incentives
- Taxes: income tax, VAT and withholding
- not audited
Vacation: 15 working days after each year of service, which may be accumulated for up to two years (Labor Code, Decree 1441, Article 130). Severance for unjustified dismissal: one month's salary for each year of service (Article 82); the base includes the proportional share of the aguinaldo (Decree 76-78, Article 9) and of the Bono 14. Secondary sources (finiquitojusto.com, Asesoría Global, CONSERVIS); not checked against the text of the Labor Code.
The research is written in English; quoted figures, source names and the titles of legal instruments stay in the language their source published them in.
Figures
- Vacation
- 15 business days per year of service (accruable up to 2 years)
- Severance for unjustified dismissal
- 1 month's wages per year of service, base including pro-rated aguinaldo and Bono 14
Caveat
Sources
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