How long is annual leave in Colombia?

Employees in Colombia are entitled to 15 business days of annual leave each year, which are proportional to the fraction of the year worked. Annual leave is compensated at the employee's regular salary. Employees must take a minimum of 6 continuous vacation days each year. Any remaining vacation days can either be carried over to subsequent years or paid in cash to the employee.

How is annual leave accrued in Colombia?

In Colombia, annual leave is accrued monthly at a rate of 1.25 days per month.

What is the carry-over policy for annual leave in Colombia?

Vacation days in Colombia may be carried over for the following durations:

• Up to 2 years for ordinary employees.
• Up to 4 years for technical, specialized, trustworthy, management, or foreign employees who provide their services in places other than the residence of their relatives.

Vacation days that are not taken or compensated in cash after the maximum carry-over period has elapsed are automatically lost.

How is paid time off (PTO) calculated in Colombia?

In Colombia, employees who have rendered their services for one year are entitled to 15 consecutive working days of paid vacation. During this vacation period, the employee will receive the ordinary salary they are earning on the day they begin their vacation.

In cases where the salary is variable, the vacation pay is calculated based on the average of what the employee earned in the year immediately preceding the vacation period.

The formula used for calculating paid time off (PTO) is as follows:

(Base salary * Worked days) / 720

Details:

• Base salary: For variable salaries, the base salary is determined by averaging the salary earned by the employee in the past year or the duration they have been working if it is less than one year.
• 720: The number 720 is used in the calculation because it represents 15 days of vacation for every 360 days worked.

What is the process to request annual leave in Colombia?

To request annual leave in Colombia, supported employees must adhere to the following process:

• The vacation application must be registered on our Global Work Platform™ or sent via email.
• An agreement on the vacation schedule must be reached with the employee's manager before making the request.
• Pebl must be informed of the vacation request to ensure proper processing.
• The annual leave request must be submitted before the start date of the vacation.
• It should also be reported before the payroll cutoff date to facilitate accurate payroll processing.

Is time off usage required in set increments in Colombia?

Yes. In Colombia, employees are required to take at least six continuous days of vacation per year. The remaining vacation days can either be carried over to the following year or paid in cash to the supported employee.

Is unlimited PTO an option in Colombia, and how can it be accommodated?

Yes, unlimited Paid Time Off (PTO) is an option in Colombia. Any PTO that exceeds the mandatory annual vacation period of 15 business days per year of service should be granted either as paid leave or as a non-statutory benefit.

In practice, supported employees should first utilize the mandatory vacation period before taking advantage of the unlimited PTO benefit.

Employers should ensure compliance with these guidelines to properly accommodate an unlimited PTO policy in Colombia.

Is it necessary to track leave accrual on employee payslips in Colombia?

It is not necessary to track leave accrual on employee payslips in Colombia. However, employers should maintain a Vacation Record to keep track of leave accrual.