POPULATION
52.9m
CURRENCY
$ (COP)
CAPITAL CITY
Bogotá
Colombia, officially the Republic of Colombia, is a country in South America known for its rich cultural heritage, diverse landscapes, and vibrant cities. From the coffee plantations in the Andes Mountains to the beaches of the Caribbean coast, Colombia offers a wealth of natural beauty and cultural experiences.
Colombia's economy is diverse, with key sectors including agriculture, manufacturing, and services. The country is a major exporter of coffee, flowers, and emeralds. Colombia's growing economy and improving security situation make it an attractive destination for foreign investment.
Disclaimer: This content is for informational purposes only. We do not guarantee the accuracy or completeness of this content. It is not legal advice and shall not be relied on as such.
Although Colombia's Labor Code allows both oral and written contracts, fixed-term contracts must be in writing and are applicable for a term of up to 3 years with unlimited renewals.
Under the law, all personal employment relationships must be governed by an employment contract, which, like all other contracts, must be executed in good faith.
The Code states that employment contracts concluded in writing are to be made in multiple copies for the employee and the employer. The agreement must include the following information:
Employers can include a non-competition clause that requires an employee to agree not to work in a certain activity or not to provide their services to employer's competitors, once their employment contract has concluded. However, this clause has no legal effect, except for 1 year in case of technical, industrial or agricultural employees, in which case compensation must be agreed upon for the period of abstention, which in no case can be less than half the salary.
According to the Labor Code of Colombia, when an employment contract is concluded verbally, the employee and the employer must at least agree on the following points:
In Colombia, there are no provisions or guidance on implied contracts. Contracts must be made in writing or verbally. The best practice in the industry is to be cautious of implied contracts by frequently utilizing or adapting written agreements.
The Labor Code of Colombia stipulates that the maximum working hours for adults are 46 hours per week, effective July 15, 2024, and will be reduced to 44 hours per week from July 15, 2025, and further down to 42 hours from July 15, 2026. The number of hours of daily work can be distributed in a variable manner during the respective week, having a minimum of 4 continuous hours and a maximum of up to 9 hours per day without any surcharge for supplementary work, provided the number of working hours does not exceed the average of 46 weekly hours. The maximum working duration for minors is as follows:
When the nature of the work does not require continuous activity and it is carried out in shifts, the duration of the workday can be extended to more than 8 hours, or 48 hours per week, provided that the average working hours do not exceed 8 hours per day or 48 per week.
Effective April 2022, Colombia enacted Decree 555 to regulate remote work. Furthermore, employees and public servants have the right to disconnect from work, which begins once the working day is over. The employer must guarantee that the work and public servant can effectively and fully enjoy rest time, licenses, permits, vacations, and their personal and family life.
New Year’s Day, January 1; Epiphany, January 6; Saint Joseph’s Day, March 25; Maundy Thursday, Variable; Good Friday, Variable; Easter Day, Variable; Labor Day/May Day, May 1; Ascension Day, Jun 3; Corpus Christi, June 24; Sacred Heart, July 1; Independence Day, July 20; Battle of Boyaca, August 7; The assumption of the Virgin, August 19; Race Day, October 15; All Saints Day, November 4; Independence of Cartagena, November 11; Day of the Immaculate Conception, December 8; Christmas, Dec 25.
The Labor Code of Colombia requires the probationary period to be stipulated in writing. If the original probationary period is less than one month, it can be extended before the expiration, but under no circumstances can the total probationary period exceed 2 months.
Either party may unilaterally terminate the employment contract at any time during the probationary period without incurring penalties or obligations, and without prior notice.
In Colombia, termination of a contract for indefinite duration requires a notice period of 45 days. Terminating a fixed-term contract of over 1 month requires prior notice of at least 30 days or 15 days in cases of termination for just cause. Employers may also give an employee pay in lieu of notice when terminating a fixed-term agreement.
According to the Labor Code of Colombia, dismissed employees are entitled to severance pay for their service. If the termination was unilateral and without cause, indefinite term employees are entitled to receive severance as follows:
In fixed-term contracts, the severance is paid as salary corresponding to the time remaining to fulfill the stipulated term of the contract or the period determined by the duration of the work or the contracted labor, in which case the severance pay shall not be less than 15 days.
Effective January 1, 2025, Colombia increased the minimum monthly salary to COP 1,423,500 (Colombian pesos). The monthly amount of transportation aid for 2025 increased to COP 200,000. The monthly transportation aid must be paid to employees who earn up to double the monthly minimum wage.
Generally, overtime work may not exceed two hours per day and 12 hours per week. If the daily working hours are scheduled at 10 hours, overtime work is not permitted. Employees who work beyond the stipulated hours (i.e., 8 hours a day and 48 per week) are entitled to overtime pay according to the following schedule:
Employees are paid their regular salary while on annual leave. The amount of the annual leave benefit is equal to the basic salary that the employee was earning the day on which the annual leave started. Payment for annual leave for workers with a variable salary is calculated as the average wage earned in the year immediately preceding the year in which annual leave commences.
Work on Sundays and holidays will be remunerated with a surcharge of 75% on the ordinary salary in proportion to the hours worked.
In Colombia, the following visa categories are available:
The immigration law requires foreign nationals to obtain a work visa for employment in Colombia. A work visa is issued by the Internal Working Group of the Minister of Foreign Affairs for a period of 2 years for multiple entries. For artistic, sports, or cultural groups, the work visa is granted for 6 months.
Applicants must submit employment contract, certificate of existence of the employer and proof of qualifications.
Population 52.9m
Population in total, including all residents regardless of legal status © 2024 - WBG • EUROSTAT
82.7%
Urban Population
77.3%
Internet access
57.1%
Banking access
100%
Mobile phone access
Population: The World Bank: World Development Indicators: World Bank Group • World Population Prospects, United Nations (UN), uri: https://population.un.org/wpp/, publisher: UN Population Division; Statistical databases and publications from national statistical offices, National Statistical Offices, uri: https://unstats.un.org/home/nso_sites/, publisher: National Statistical Offices; Eurostat: Demographic Statistics, Eurostat (ESTAT), uri: https://ec.europa.eu/eurostat/data/database?node_code=earn_ses_monthly, publisher: Eurostat; Population and Vital Statistics Report (various years), United Nations (UN), uri: https://unstats.un.org, publisher: UN Statistics Division
Urban Population: The World Bank: World Development Indicators: World Bank Group • World Urbanization Prospects, United Nations (UN), uri: https://population.un.org/wup/, publisher: UN Population Division
Internet access: The World Bank: World Development Indicators: World Bank Group • World Telecommunication/ICT Indicators Database, ITU (ITU), uri: https://datahub.itu.int/
Banking access: The World Bank: World Development Indicators: World Bank Group • FINDEX, WBG (WB), uri: https://www.worldbank.org/en/publication/globalfindex
Mobile phone access: The World Bank: World Development Indicators: World Bank Group • World Telecommunication/ICT Indicators Database, ITU (ITU)
Colombia's labor law provides 15 consecutive working days of paid annual leave (one and two-thirds of a day for every month of service), after completion of 12 months of continuous service. Employer and employee can agree in writing, upon request of the employee, that up to half of the vacations be paid in money.
The amount of the annual leave benefit is equal to the basic salary that the employee was earning the day on which the annual leave started. Payment for annual leave for employees with a variable salary is calculated as the average wage earned in the year immediately preceding the year in which annual leave commences.
Employees have to take at least 6 continuous working days of vacation annually, which are not cumulative. However, the parties may agree to accumulate remaining leave for up to 2 years.
According to Colombia's labor code, an employee is entitled to sick leave of up to 180 days (6 months) in the case of a non-occupational injury or disease. The law provides paid sick leave as follows:
The state health system is responsible for payment during non-occupational sickness leave. The benefits are paid through the state social security system that is funded through employees' (4% of monthly earnings) and employers' (8.5% of payroll) contributions.
Female employees are entitled to 18 weeks of maternity leave with full pay, including at least one week of prenatal and 16 weeks of post-natal leave. Maternity leave can be extended up to 2 additional weeks in case of multiple or premature births. In the case of miscarriage and premature birth, a female employee is entitled to paid leave of 2 to 4 weeks.
The leave is fully paid through Colombia's social security system, and the pay is provided in advance. Maternity leave and related benefits are also extended to adopting mothers. It is illegal for an employer to dismiss a female employee during her maternity leave and nursing period.
Colombia's Labor Code provides paternity leave of 2 weeks paid by the government's social insurance scheme. Fathers are required to present a birth certificate for the leave to be approved. The certificate must be submitted to the EPS (Entidad Prestadora de Salud) within 30 days of birth.
The retirement age for males is 62 years and for females 57 years, with a required contribution period of 1,300 weeks. The pension is 55% to 65% of the basic monthly wage, plus 1.5% for each 50-week period of contributions after 1,300 weeks, up to 80% of the basic monthly wage. Basic monthly wage is average earnings in the 10 years before retirement. Persons who reached the retirement age but have not completed the required weeks of contribution are eligible for indemnity grant equal to the average weekly earnings multiplied by the number of weeks of contribution. Employees are required to contribute 4% of their monthly salary to the national pension system, and employers contribute 12%.
In Colombia, the survivors benefit is available to survivors of recipients of old age or disability pension or individuals who have paid at least 50 weekly contributions in the last three years before death. The pension is 45% of the deceased person's monthly earnings, plus 2% for each 50-week period of contributions exceeding 500 weeks, up to 75% of the deceased's monthly earnings. Orphan's pension is 20% of the deceased worker's retirement, and 30% is paid to the full orphan. If the deceased employee did not fulfill the conditions for contributions, his or her survivors get a lump sum grant equal to the average weekly earnings multiplied by the number of weeks of contribution.
In case of death due to occupational disease or injury, survivors receive a monthly pension as 75% of the base salary of the employee. If death is caused by a disability, the benefit is 100% of the base salary.
Social security insurance of Colombia provides for invalidity benefit in the case of a non-occupational accident, injury, or disease resulting in permanent invalidity that causes loss of more than 50% in the capacity to work. Employees should have contributed for at least 50 weeks in the last 3 years before the onset of disability to be eligible for the pension. Pension is calculated according to the degree of disability and the number of contributions paid. The minimum pension is the legal minimum wage, while the maximum pension is 75% of the base earnings.
The labor code of Colombia requires an employer to pay benefits to the employee in case of occupational diseases and accidents. In case of temporary disability, the employer must pay monetary assistance equal to the employee's remuneration for 180 days. For permanent disability, a monthly pension is paid based on the degree of disability and the requirement of constant care.
The legal minimum age of employment in Colombia is 15 years. Minors under 14 years of age cannot work in industrial companies, nor in agricultural companies when their work prevents them from attending school. Adolescents under 18 years old who wish to work, require authorization issued by the Labor Inspector or, failing that, by the Local Territorial Entity. The Labor Code of Colombia prohibits the employment of minors below the age of 16 years in dangerous, unhealthy, or demanding jobs.
Every employer must keep a registration record of all persons under 18 years of age employed by them, in which the date of birth of the same shall be indicated.
Unemployment 9.6%
Share of the labor force that is unemployed, but available for and seeking employment © 2024 - WBG • ILO
63.6%
Labor force population share
41.5%
Female share of labor force
80%
Healthcare access
Unemployment: The World Bank: World Development Indicators: World Bank Group • ILO Modelled Estimates database (ILOEST), ILO (ILO), uri: https://ilostat.ilo.org/data/bulk/, publisher: ILOSTAT, type: external database, date accessed: January 07, 2025.
Labor force (total): The World Bank: World Development Indicators: World Bank Group • ILO (ILO), type: estimates based on external database; United Nations (UN), publisher: UN Population Division; Staff estimates, WBG (WB)
Labor force population share: The World Bank: World Development Indicators: World Bank Group • ILO Modelled Estimates database (ILOEST), ILO (ILO), uri: https://ilostat.ilo.org/data/bulk/, publisher: ILOSTAT, type: external database, date accessed: January 07, 2025
Female share of labor force: The World Bank: World Development Indicators: World Bank Group • ILO (ILO), type: estimates based on external database; United Nations (UN), publisher: UN Population Division; Staff estimates, WBG (WB)
Healthcare access: The World Bank: World Development Indicators: World Bank Group • GHO, WHO (WHO), uri: https://www.who.int/data/gho/data/themes/topics/service-coverage
©2025 Atlas Technology Solutions, Inc.
Cookie PolicyPrivacy NoticeTerms & ConditionsFor People, By People