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April 7, 2023
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Compensation funds: benefits and subsidies that many do not know about

VAT Refund payments began: stacks with the dates to claim it in October

When signing a fixed-term, indefinite or work-related contract with a company, employees have access to benefits from the Family Compensation Fund.

It may interest you: Government Subsidies: step by step to find out if you apply to receive money

These entities receive the 4% of social security contributions that employers must grant, this with the objective that workers have spaces for well-being, bonuses and more for themselves and their families.

The services offered by compensation funds such as Cafam, Colsubsidio and Compensar They are varied and their cost depends on the category in which the affiliate is, which is directly related to the salary earned.

  • Recreation, culture and sports centers: dance classes, dance, swimming, yoga and more.
  • Education: Excel courses, English, technology and more.
  • Unemployment bonds: the unemployed who have completed at least one year of contributions during the last three years will be able to receive a payment while they get a job.
  • Credits from: housing, free investment, education, health and tourism.
  • Job portals: You will be able to apply for your resume in job portals and work directly with recognized entities in the country. You will also have advice to make your resume and interview more attractive.
  • Recreational vacations: The compensation funds have hotels where you can go at a better price.

The direct benefits that affiliates can have are in discounts in the different areas mentioned above. However, few know and use them.

Therefore, if you want to know more about your compensation fund, you can request information directly from human resources or from the web pages of compensation funds.

It may interest you: Mi casa Ya: Government announces new changes to access the subsidy and buy a home

If you do not know which entity you are affiliated with, you can find out at the ruaf with your identification number and date of issue of your document.

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