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LATAM Payroll Calculations - Vacation, Bonus, Severance, Deductions

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CTS (Severance Fund)

AI-generated

Summary

Calculate the Compensación por Tiempo de Servicios (CTS) severance fund for Peru based on the monthly gross salary and months worked, returning the computed CTS amount and related details.

Inputs

  • Country (required) — Select 'Perú' as the country to perform CTS calculation.
  • Gross Salary (required) — Monthly gross salary amount for the employee.
  • Months Worked (required) — Number of months worked in the period for which CTS is calculated.

Output shape

an object containing the country, the CTS concept, the monthly gross salary, the computable remuneration, months worked, the calculated CTS amount, and deposit dates

The output includes 'concepto', 'sueldoMensual', 'remuneracionComputable', 'mesesTrabajados', 'cts', and 'fechasDeposito' fields, specifically designed for Peru CTS calculation.

Examples

Example 1: Calculate CTS for an employee in Peru with gross monthly salary of 3000 and 6 months worked.

Set Country to 'Perú', Gross Salary to 3000, Months Worked to 6. Operation is 'CTS (Severance Fund)'. The node returns the proportional CTS severance fund amount due.

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