In Colombia, at the moment the minimum wage that a company must pay for a worker it is $1,300,000. Some companies are beginning to incorporate the reduction of hours per week, which should not affect the final amount. In this sense, What is the value of an hour and a day of work in the country?
The value of an hour and a day of work in Colombia
How much should you charge for a day of work.
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To calculate this value It is necessary to take into account the appropriate figures that are related to the extra daysthe payment corresponding to overtime and of course the night, Sunday and holiday surcharges.
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According to what the Substantive Labor Code indicates, the amount of the minimum wage would be divided into 30 days, regardless of whether the period has 28 days or 31.
In this way you have to perform the following mathematical operation: 1,300,000 / 30 which results in 43,333 pesos, the figure that corresponds to the amount that must be paid for one working day throughout the national territory.
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Now, if you want to divide it by the legal eight hours, The payment for one hour of work would be $5,416.66 pesos. Below we present a consolidated list with other aspects that you should remember.
The values of a working day.
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1- Daytime overtime: They have a 25% surcharge on the ordinary hour and would reach an amount of $6,770.82.
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2- Overtime at night: they have a 75% increase in the value of the ordinary hour and in this case it corresponds to 9,479.15.
3- Payment for a day on a Sunday or holiday: They have an increase of 75% of the traditional day and would reach 75,832 pesos.
