Omnipresent provides global employment solutions and professional employment organisation (PEO) services for companies looking to grow and build out a global team in Bolivia. Traditional methods of establishing global employment and subsidiaries in Bolivia typically take months and can incur heavy costs. Omnipresent’s global employment solutions and PEO services is helping hundreds of organisations onboard new employees in Bolivia in a matter of days with full compliance of local labour laws. We use a tech-forward approach to streamline the process.
13% flat rate
2.00% - Housing
1.71% - Professional Risk Premium
10.00% - National Healthcare
3.00% - Employer Solidarity Contribution
10% - Long-term SSO Contribution (Disability, Old Age and Death)
1.71% - Common Risk
0.50% - Pensionary Fund Commission
0.50% - Solidarity Contribution for Pension
The typical work week in Bolivia consists of 48 hours per week.
It’s important to note that typical working hours can vary by industry in some countries. Contact our team for the most up-to-date information!
Overtime laws in Bolivia are complex and can depend on the specific circumstances and the employee. We are happy to discuss in more detail for a specific context.
Only after 1 year of continuous employment.
Sick leave in Bolivia includes:
- Paid for sick leave from the 5th day of illness for a period of 26 weeks within a 1 year time period (employee must provide a medical certificate proving illness)
- If medical care can be proven to prevent permanent disability, the sick leave may be extended for another 26 weeks.
- For common illnesses: 100% of salary is paid (the employer is entitled to be reimbursed 75% from social security)
Bolivia has strong maternity leave regulations including 90 days paid leave, of which pay is 100% of the national minimum wage (employer is entitled to receive a 90% reimbursement from Social Security)
- From the 5th month of pregnancy, the mother is entitled to a prenatal subsidy and a nursing subsidy until the child is 1 year old. Both subsidies are the equivalent of 1 month’s salary per month.
- From the date of birth of the child, mothers receive job protection for 1 year.
Fathers are entitled to 3 days’ paid paternity leave
Please contact us for further information.
We believe that remote employees should be able to access their local, as well as a high standard international benefits anywhere they are. Details about international or country specific benefit packages can be provided on request. Please contact us for further details.
There are a range of legal reasons that an employer can use to terminate an employment relationship in Bolivia, which depend on the specific circumstances. If you would like to know more specific details, please contact us.
Severance for unjustified dismissal is equal to one month pay for each year of service.
No mandatory notice period.
Bolivia law strictly protects employees from illegal termination of employment. Certain employees are subject to additional protections, please contact us to learn more.
The benefits of growing a global team and finding the best talent anywhere in the world are endless. It’s important to note that labour laws and regulations in Bolivia are strict with penalties for non-compliance. Let our team take care of the details such as payroll, benefits, compliance, taxes, and admin so you can focus on growing your business. We are here to help you every step of the way.
Omnipresent makes it easy to employ, pay and support your international team. Book a call with us to start building your global team today.
Employ Anywhere. Be Omnipresent.