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Colombia Termination settlement Calculator

Indefinite unjustified dismissal: below 10 minimum wages, 30 days first year plus 20 per extra year; at/above 10, 20 plus 15. Additional fractions prorated. Fixed-term/task indemnity excluded. Enter unpaid accrued prima, cesantias, interest and leave without duplicating deposits.

Local currency
Termination reason
Applicable monthly indemnity base
Service years (fractions allowed)
Applicable minimum wage (daily MX / monthly CO)
Outstanding wages
Outstanding leave and leave premiums
Outstanding bonus and other benefits
Deposits, advances and payments already received

How it works

  • 1Settlement = applicable indemnity + notice + service benefits + accruals − received payments.
  • 2Separate salary bases, accrued entitlements and payments already received.
  • 3Compare the result with the sources and the stated employment scenario.

Estimates only. Not tax or financial advice.

Estimated outstanding gross settlement

COP 0

Breakdown

Reason-specific indemnity
COP 0
Service benefits / seniority premium
COP 0
Notice pay
COP 0
Entered outstanding accruals
COP 0
Gross before payments
COP 0
Payments and advances
COP 0
Payments exceeding total
COP 0

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Complete guide: Termination settlement · Colombia

Updated:

Indefinite unjustified dismissal: below 10 minimum wages, 30 days first year plus 20 per extra year; at/above 10, 20 plus 15. Additional fractions prorated. Fixed-term/task indemnity excluded. Enter unpaid accrued prima, cesantias, interest and leave without duplicating deposits.

Ordinary private employment, not integral salary or independent services. The labor reform changes working hours and premiums by date.

Estimates in local currency, without conversion. Document review: 2026-10-23; laws, tables and monetary units are not automatically synchronized. Default salaries are examples, not legal minimum wages. Check your contract, collective agreement and payslip before making decisions.

How it works

  1. 1Settlement = applicable indemnity + notice + service benefits + accruals − received payments.
  2. 2Separate salary bases, accrued entitlements and payments already received.
  3. 3Compare the result with the sources and the stated employment scenario.

Frequently asked questions

Which Colombia rules apply?

Indefinite unjustified dismissal: below 10 minimum wages, 30 days first year plus 20 per extra year; at/above 10, 20 plus 15. Additional fractions prorated. Fixed-term/task indemnity excluded. Enter unpaid accrued prima, cesantias, interest and leave without duplicating deposits.

Is this a final tax filing or employment claim calculation?

Ordinary private employment, not integral salary or independent services. The labor reform changes working hours and premiums by date.

Are inputs preserved when sharing?

Yes. The link retains entered amounts and options. Laws may change; check the date and sources.

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