Hiring budget in Colombia
Model salary, required employer costs and recurring payroll obligations before committing to a hire.
What does a hire in Colombia actually cost?
Start with salary and a few basic hiring details. Ivvora converts USD to COP, applies local payroll rules, and converts the result back to USD.
Your estimate will appear here
Ivvora separates calculated costs from items that still need more information.
Test salary against your hiring budget
Enter the proposed annual salary above. Ivvora calculates the employer cost components supported by the country dataset so you can compare total recurring cost with the budget available for the role.
Employer contribution rules
CO HEALTH ER
Régimen Contributivo de Salud
health
conditional
current
1 SMMLV
25 SMMLV
employer exemption may apply below 10_SMMLV
Income tax contributing legal entities for workers earning less than 10 SMMLV
Qualifying natural person employers for workers earning less than 10 SMMLV
Income tax taxpayer and filer for legal entities
Exemption does not apply to natural person employers with fewer than 2 workers
percentage
8.5
IBC
No structured items in the current dataset.
monthly
COP
Yes
high
Yes
No
No
2026 09 20
high
CO PENSION ER
Sistema General de Pensiones
pension
Yes
current
1 SMMLV
25 SMMLV
25 SMMLV
percentage
12
IBC
No structured items in the current dataset.
monthly
COP
Yes
high
Yes
No
No
2026 09 20
high
CO ARL ER
Sistema General de Riesgos Laborales
Occupational risk
Yes
current
I to V
Yes
Covered under occupational risk rules
Varies by contractor type and risk
lookup
IBC
No structured items in the current dataset.
monthly
COP
Yes
high
Yes
No
No
Rate selected by risk class I-V from the supplied research.
2026 09 20
high
CO CAJA ER
Caja de Compensación Familiar
Family compensation
Yes
current
Dependent workers
Proportional for workers by days or part time where applicable
percentage
4
Payroll contribution base
No structured items in the current dataset.
monthly
COP
Yes
high
Yes
No
No
2026 09 20
high
CO SENA ER
Servicio Nacional de Aprendizaje contribution
parafiscal
conditional
current
Employers subject to parafiscal contribution
10 SMMLV for article 114 1 exemption test
Article 114 1 ET
Qualifying employers for workers earning less than 10 SMMLV
Article 114 1 exemption does not apply if natural person employer has fewer than 2 workers
percentage
2
Payroll contribution base
No structured items in the current dataset.
monthly
COP
Yes
high
Yes
No
No
2026 09 20
high
CO ICBF ER
Instituto Colombiano de Bienestar Familiar contribution
parafiscal
conditional
current
Employers subject to parafiscal contribution
10 SMMLV for article 114 1 exemption test
Article 114 1 ET
Qualifying employers for workers earning less than 10 SMMLV
percentage
3
Payroll contribution base
No structured items in the current dataset.
monthly
COP
Yes
high
Yes
No
No
2026 09 20
high
Required compensation
CO PRIMA
Prima de servicios
Annual compensation
Yes
current
No structured items in the current dataset.
formula
Salary basis
No structured items in the current dataset.
Co prima accrual
annual
COP
Yes
high
Yes
No
Yes
2026 09 20
high
30 days salary per year, paid in two installments; proportional accrual.
CO CESANTIAS
Auxilio de cesantía
Severance savings
Yes
current
No structured items in the current dataset.
formula
Salary base liquidation
No structured items in the current dataset.
Co cesantias accrual
annual
COP
Yes
high
Yes
No
Yes
2026 09 20
high
SBL times days worked divided by 360
CO CESANTIA INTEREST
Interest on cesantías
Severance interest
Yes
current
No structured items in the current dataset.
formula
12
Accrued cesantias
No structured items in the current dataset.
Co cesantia interest accrual
annual
COP
Yes
high
Yes
No
Yes
2026 09 20
high
cesantias_times_days_worked_times_0.12_divided_by_360
What backs this page
Planning information, not a legal conclusion
Ivvora preserves scenario-dependence, unresolved inputs and known research gaps. Results are for planning and comparison and do not replace legal, tax, accounting or employment advice.