The service premium is the payment made by the employer for the economic and social benefits obtained from the worker. This benefit consists of one month’s salary for each year of work or proportional if you have worked less, which is paid in two installments during the year.
The above is established in article 306 of the Substantive Labor Code regarding the service premium in favor of all employees, which warns: “The employer is obliged to pay his employee or employees, the social benefit called service premium that will correspond to 30 days of salary per year, which will be recognized in two payments, as follows: half maximum on June 30 and the other half no later than the first twenty days of December. Recognition will be made for the entire semester worked or proportionally to the time worked.”
Likewise, this economic benefit includes “domestic service workers, family service drivers, daily workers or farm workers and, in general, the workers contemplated in Title III of this code or those who meet the conditions of dependent employee
However, some Colombians do not receive the mid-year allowance
The law determines that those who are not entitled to the payment of the June premium are:
People pensioned before July 25, 2005 whose allowance was not higher than 15 minimum monthly salaries.
Pensioners between July 25, 2005 and July 31, 2011, whose amount of their allowance did not exceed three minimum monthly salaries.
Likewise, pensioners whose allowance is greater than 15 minimum monthly salaries.
Retirees under the comprehensive salary regime will not receive this allowance either.
According to Law 100 of 1993, the special factors are related to an “extra allowance”, also known as “allowance 14”, so they will not be able to receive a double benefit.
The first premium of the year must arrive no later than June 30, and the second, no later than December 20. If payments are not made by these dates, employees could go to a labor judge to demand the payment that belongs to them.
Fine of 1 to 5,000 current monthly legal minimum wages to the employer, compensation to the employee corresponding to one day of work for each day of delay in payment, as well as collection of interest after 24 months of non-payment.
