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Colombian flag Recruitable by CYC Hire, manage and Pay international employees

Colombia

Discover the keys to hassle-free and compliant hiring in Colombia.

EMPLOYER OF RECORD IN

Capital City

Bogotá

Currency

Colombian peso (COP)

Language

Spanish

Population size

52,340,774

Payroll Cycle

Monthly

Time Zone

GMT-5

Ready to build your team in Colombia?

Avoid costly mistakes and grow with confidence.

We’ll guide you every step of the way.

Hire in Colombia—The Right Way

Access top Colombian talent without opening a local entity. We make it easy, fast, and compliant.

Recruitable helps U.S. companies hire in Colombia through our International Talent Acquisition and Employer of Record (EOR) solutions—managing the outsourcing compliance, payroll, contracts, and local regulations so you don’t have to.

Whether you’re scaling your support team or expanding your engineering squad, we’ll handle the details. You get the talent—without the risk.

Guatapé, Antioquia Recruitable by CYC Hire, manage and Pay international employees

Why hire talent in Colombia?

In 2019, Colombia ranked as the third-largest workforce in Latin America

  • Official Name: Republic of Colombia

  • Location: South America

  • Capital City: Bogota

  • Currency: Colombian Peso (COP)

  • Official Language: Spanish

  • Population: Over 50 million people

  • Main Cities: Bogota, Barranquilla, Cali, Cartagena, and Medellin

Skilled, Educated Workforce

Colombian professionals are known for their strong work ethic, adaptability, and technical expertise. With a growing number of graduates in engineering, IT, marketing, and finance, the country offers a diverse and competitive talent pool.

Home to two of the best universities on the continent: Universidad Nacional de Colombia and Universidad de Los Andes.

Student Outdoors

English Proficiency

Many professionals especially among younger professionals in urban areas are fluent in English and other languages, facilitating communication and collaboration.

Business Meeting

Remote Ready

Remote work is not new here. Many professionals are already set up to work from home, bringing tech-savvy, productivity, and a strong sense of responsibility to distributed teams.

Home Desk

U.S. Friendly Time Zone

With its geographic location, Colombia serves as an ideal hub as it aligns considerably with the time zones of the United States and Canada, providing favorable conditions for real-time collaboration.

Video Conference

Cost-Effective Talent

You can build high-performing teams while significantly reducing overhead. Colombia offers one of the best cost-to-talent ratios in Latin America, giving you the flexibility to reinvest in growth.

Meeting

Employment Laws at a Glance

Salary

There are two types of salaries in Colombia:

 

  • Ordinary Salary: Salary is paid separately from statutory benefits contributions. The employer must offer certain legally defined fringe benefits; that include transportation expenses, holidays and a 13th-month salary (‘prima’).

  • Integral Salary: All mandated benefits and contributions are integrated into a consistent monthly salary payment.

13th Month Salary

Required by Law, all employees in Colombia who are earning an shall receive an extra month’s pay each year.

This must be paid as follows: 50% before June 15th and the other 50% before December 20th .

Grounds for Termination

Either the Employer and the Employee  may terminate contracts with or without cause. However, these must be clearly stated in writing and certain rules apply depending on the type of contract.

Holidays & Paid Time Off

Employees are entitled to 15 days of paid vacation after working for full consecutive year.

There are 18 national holidays recognized in Colombia:​

  1. New Year’s Day

  2. Epiphany

  3. Saint Joseph’s Day

  4. Maundy Thursday

  5. Good Friday

  6. Labor Day

  7. Ascension Day

  8. Corpus Christi

  9. Feast of the Sacred Heart

  10. Feasts of Saints Peter and Paul

  11. Independence Day

  12. Battle of Boyacá Day

  13. Assumption of Mary

  14. Day of the Races

  15. All Saints’ Day

  16. Cartagena Independence Day

  17. Feast of the Immaculate Conception

  18. Christmas Day

Severamce Pay 

The severance payment that a company is required to make depends on the nature of termination, the salary and type of contract.

Minimum Wage

Per the latest provisions and changes, effective January 2025, the new minimum wage is 1,423,500 COP, which is about *339 USD.

*Currency conversions vary.

Probation Period

The maximum probationary period in Colombia is two months for indefinite-term contracts and one-fifth of the contract’s duration for fixed-term contracts.

Severance Pay Obligations

The severance payment that a company is required to make depends on the nature of termination, the salary and type of contract.

Contracts

The Colombian labor legislation acknowledges different types of employment contracts, normally these are written in Spanish as recommended by the Colombian authorities.

 

  • Fixed-term Contract: This type of employment contract comes with a predetermined end date, which is mutually agreed upon and known to both parties. These agreements typically span from a few months to three years.

 

  • Permanent Contract: Also known as an indefinite contract, is a type of employment contract where there is no set date for the expiration or termination of service. This type of contract comes with advantages and disadvantages for both parties. For example, an employee is less likely to choose their work schedule. For employers, this contract brings higher costs, higher severance, etc.

 

  • Service Contract: This type of contract hinges on achieving specific results/deliverable or providing services within a defined timeframe. A service contract does not promote employment, and the contractor is reimbursed with a service charge instead of a salary.

Colombian flag Recruitable by CYC Hire, manage and Pay international employees South America Map, Colombia

Your Trusted Hiring Partner

1

Legally hire Colombian employees and independent contractors

2

Stay fully compliant with labor regulations.

3

Avoid costly misclassification errors.

4

Secured  payroll, benefits management

You don’t need to set up a local entity or navigate complex labor laws. We do that for you.

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