Hiring budget in Colombia
See what a hire takes out of your budget—not just what goes on the employment contract. Explore the recurring statutory cost, benefits to reserve, and what remains outside the estimate.
Build a hiring budget
Use a local monthly salary. Ivvora calculates the known statutory items from its Colombia employer-cost engine.
2026 minimum monthly wage: $ 1.750.905. Monthly salary is before employee deductions.
Integral salary requires a written agreement and a statutory minimum of 13 SMMLV; paid vacation remains separate.
Select Yes only after confirming the employer and employee meet the statutory conditions.
ARL depends on the insured activity and assigned risk class.
Assumes identical salary and employee category.
Your own estimate for equipment, recruitment or onboarding—not a statutory fee.
Annualized full-year planning estimate, not a binding payroll quote or a cash-flow schedule.
Where the employer's money goes
These are different cost categories. An annual benefit reserve is not necessarily paid in the same month it is accrued.
Accrual is not payment timing
Budget reserves every month, then reconcile actual statutory payments on their legal schedule.
PILA deadlines depend on the employer identification number; a payment is not automatically due on the last calendar day.
Statutory service bonus payments for covered ordinary-salary employees; integral-salary treatment differs.
Accrued severance interest and the preceding-year cesantías deposit have separate due dates.
What the headline budget does not include
These costs depend on the role, contract, employer setup or real working patterns. They are not silently assigned an invented statutory percentage.
2026 rules and primary sources
Sources are linked directly so employers can verify rates and eligibility before making a payroll commitment.
Continue the Colombia hiring decision
Ivvora provides informational planning analysis, not legal, tax or accounting advice. Verify conditions before relying on the estimated employer cost.