How is the December premium calculated in Colombia? The step by step

In Colombia, all formal and registered workers receive an additional amount during the month of June and December, which is known as the service premium. Without a doubt, an income that is expected by thousands of citizens, who have plans for this money that can help them buy some gifts at this time of year or even to pay off some obligations. In this context, several people ask themselves about the amount of silver they will receive during the twelfth month of the year.

If you want to do your math on the money you will collect in this 2024 Christmas bonus, You must take into account the following operation.

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1) The first thing you need to do is recognize how much the salary is that you receive for your work per month. For example, if your salary is $2,000,000, then You must multiply this figure by 180 (number of days worked, which results in 360,000,000).

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2) Subsequently, you will have to divide the result of that operation (360,000,000) by 360.

3) Finally, the amount of money that The company you work for will deposit $1,000,000 into your account.

Remember that there is also a platform where you can do this type of calculations. You only have to enter: https://www.mintrabajo.gov.co/atencion-al-ciudadano/tramites-y-servicios/mi-calculadora to also know the information on the social benefits you currently have.

Keep in mind that this is a mandatory social benefit and that it was established in article 306 of the Substantive Labor Code, which can also be viewed in information provided by the Senate of the Republic through its website.

What happens if you can’t collect your premium?

The Ministry of Justice, through its official site, recommends that in case you have problems with your employer sRegarding this matter, you can go to the authorities to solve the situation.

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Remember that your case can be analyzed by the House of Justice, the Ombudsman’s Office, the Labor Inspection and also by the Municipal Ombudsman.