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Venezuela

About the country

Capital: Caracas
Currency: VES – Bolívar Soberano de Venezuela
Population: 28,704,947 (2021)
PIB: 482.36 billion (2014)
VAT: 16%

All payroll information about Venenzuela is in your hands. This information is official and is always being updated and verify.

Severance
The employer should pay an indemnity equivalent to thirty (30) days of salary for each year of seniority or fraction of more than six (6) months, up to a maximum of one hundred and fifty (150) days of salary.
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Annual leave
When the worker completes one (1) year of uninterrupted work for an employer, he/she shall enjoy a paid vacation period of fifteen (15) working days, then he can be entitled to 1additional paid day for each year of service, up to a maximum of fifteen (15) working days.
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Maternity leave
Maternity leave is paid for up to six weeks before and 20 weeks after the date of childbirt.
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Paternity leave
100% of the insured's last earnings is paid for 14 days immediately after the date of childbirth.
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Sick leave
66.7% of the insured's average daily earnings is paid after a three-day (the insured can be reduced by 50% if the employee is not hospitalized).
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