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LATAM Payroll

LATAM Payroll Calculations - Vacation, Bonus, Severance, Deductions

Vacation (Ferias)

AI-generated

Summary

Calculate vacation pay based on the employee's country and their gross salary and pending vacation days.

Inputs

  • Country (required) — Select the country for which to calculate vacation pay. Options include Chile, Mexico, Argentina, Colombia, Peru, Brazil, Ecuador, and Spain.
  • Gross Salary (required) — Monthly gross salary of the employee used as the base for vacation pay calculations.
  • Pending Vacation Days (required) — Number of vacation days pending to be paid.
  • Years of Service — Years the employee has worked, required for certain countries like Mexico, Argentina, Colombia, Peru, Ecuador, and Spain to determine vacation entitlement.
  • Annual Salary — Annual salary, used in Spain for vacation calculation.

Output shape

A JSON object detailing the vacation calculation result with country-specific fields.

Output fields differ by country but usually include daily salary, vacation days entitlement, and calculated vacation pay amount. For Brazil, the calculation includes an additional mandatory one-third constitutional bonus. For Mexico, vacation days vary by years of service. In absence of specific years of service, default legal vacation days are used per country.

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