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Bolivia - GCE Payroll | Free, Real Time and Exact Calculation in 231 Countries

GCE Payroll | Free, Real Time and Exact Calculation in 231 Countries

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Bolivia

About the country

Capital: La Paz y Sucre
Currency: BOB – Bolivian (Boliviano)
Population: 11,832,936 (2021)
PIB: 40.41 billion (2021)
VAT: 13.00%

All payroll information about Bolivia is in your hands. This information is official and is always being updated and verify.

Severance
The employer is obliged to pay a sum equivalent to one month's salary or wages for each year of continuous work.
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Annual leave
5 years of work 15 working days; From 5 years to 10 years of work, 20 working days; from 10 years onwards of work, 30 working days. During the vacation period, employees and workers will receive one hundred percent of their wages and salaries.
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Maternity leave
In Bolivia you have 45 days prior to delivery and 45 days after delivery as a maternity leave.
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Paternity leave
Bolivia has a paternity leave of 3 working days.
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Sick leave
If the illness is not the result of work, and the worker has more than one year of service, he will keep his position for three months, if he is an employee, and for thirty days if he is a worker.
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13th salary
A business is obliged to reward its employees and workers with one month's salary and 25 days' salary respectively as Christmas bonus before December 25 of each year.
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