Use this tool to estimate the severance payment, known as “Liquidación,” for an employee under Costa Rican labor law, assuming an unjustified dismissal. The results include Notice Pay (Preaviso), Severance Pay (Cesantía), proportional Christmas Bonus (Aguinaldo), and accrued vacation.
Severance Payment Calculator: calcular la liquidacion costa rica
Understanding the calcular la liquidacion costa rica Formula
Total Liquidación = Preaviso + Cesantía + Aguinaldo Proporcional + Vacaciones Proporcionales
Preaviso Days = f(Service Time)
Cesantía Days = f(Service Years, Capped at 8 years)
Aguinaldo = (Days Worked since Dec 1st / 360) * Monthly Salary
Vacaciones = (Total Months Worked / 12) * 15 Days Pay
Variables Used in the Calculator
- Average Monthly Salary (CRC): The average ordinary and extraordinary salary received by the employee during the last six months of employment, used as the basis for all calculations.
- Employment Start Date: The official date the employee began working for the company.
- Employment End Date: The date the employment relationship officially terminated.
- Pending Unused Vacation Days: Any accrued vacation days from the previous year or the current period that were not taken by the employee.
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What is calcular la liquidacion costa rica?
The term “calcular la liquidacion costa rica” refers to the process of calculating the final payment an employee receives upon the termination of their employment contract in Costa Rica. This payment, legally mandated by the Código de Trabajo (Labor Code), is designed to protect employees, especially in cases of unjustified dismissal by the employer. It is a fundamental component of employee rights in the country and includes several distinct, legally defined concepts.
The total severance payment is composed of four main elements: Notice Pay (Preaviso), Severance Pay (Cesantía), proportional Christmas Bonus (Aguinaldo), and accrued Vacation Pay (Vacaciones). Understanding the correct calculation for each component is crucial for both employers to ensure compliance and employees to verify they receive the correct compensation. The amounts are heavily dependent on the employee’s average salary over the last six months and the total duration of their employment.
How to Calculate Severance (Example Step-by-Step)
Assume an employee worked from Jan 1, 2022 to Dec 31, 2023 (2 full years) with an average monthly salary of CRC 800,000.
- Determine Service Time: The employee served for 2 years (24 months).
- Calculate Preaviso (Notice Pay): Since service time is over one year, Preaviso is 1 month of salary: CRC 800,000.
- Calculate Cesantía (Severance Pay): For 2 years of service, the law grants 19.5 days pay for year 1 and 20 days pay for year 2, totaling 39.5 days. Daily salary is 800,000 / 30 = 26,666.67. Cesantía = 39.5 * 26,666.67 ≈ CRC 1,053,333.33.
- Calculate Aguinaldo (Bonus): Since the termination is Dec 31st, the proportional Aguinaldo is the full month’s salary (as the cycle ends in December): CRC 800,000.
- Calculate Vacaciones (Vacation Pay): The employee is entitled to 15 days of vacation pay for each year. For 2 years, this is 30 days of pay. Vacation pay = 30 * 26,666.67 ≈ CRC 800,000. (Assuming no days were taken in the final year).
- Total Severance: 800,000 + 1,053,333.33 + 800,000 + 800,000 = CRC 3,453,333.33.